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KLSE News: 9 Jan 2013 – Iskandar is the next Big Hit….

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UEM Land Holdings has entered into two agreements to sell 43.64 acres of
its land in Puteri Harbour, Johor, for RM400.8m to an investment holding and
general trading company owned by well-known businessmen. The land will be
sold to Liberty Bridge Sdn Bhd, a company equally-owned by MPHB MD Tan
Sri Surin Upatkoon, Syarikat Pengeluar Air Selangor Holdings chairman Tan Sri
Wan Azmi Wan Hamzah, KL Kepong CEO Tan Sri Dato’ Seri Lee Oi Hian and
UOB Kay Hian Holdings Ltd MD Wee Ee Chao. UEM Land said the sale would
contribute RM240.2m to gross profit and RM180.1m to earnings. (Malaysian
Reserve)

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