“It will give us long-term value, at least for the next 15 to 20 years. We want to grow at a steady pace with our shareholders,” she says.
KSL Holdings, one of Johor’s most established developers with over 40 years of experience in township and integrated developments, as well as building and managing shopping malls and hotels, is attracting investor interest as the second generation of owners have risen through the ranks to become part of the group’s senior management.
The developer has about 5,000 acres of land bank, 93% (or about 4,600 acres) of which are located in Johor, with the remaining parcels in the Klang Valley. Its executive director Khoo Lee Feng tells The Edge that the management is in no hurry to acquire more land, but remains opportunistic in terms of identifying strategic parcels.
