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UEM Sunrise, GuocoLand ink first JS-SEZ MOU between M’sia, S’pore private companies

Jovi Ho
Jovi Ho • 3 min read
UEM Sunrise, GuocoLand ink first JS-SEZ MOU between M’sia, S’pore private companies
Hafizuddin Sulaiman, CFO of UEM Sunrise (left); and Cheng Hsing Yao, group CEO of GuocoLand Limited at the MOU signing ceremony on Feb 27. Photo: UEM Sunrise
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Malaysian-listed property developer UEM Sunrise and Singapore-listed real estate group GuocoLand (SGX:F17) Limited have signed a memorandum of understanding (MOU) to establish a strategic partnership to jointly develop UEM Sunrise’s selected freehold landbank in Iskandar Puteri, Johor. 

The signing, witnessed by Johor Chief Minister Onn Hafiz Ghazi, underscores both parties’ commitment to developing the Johor-Singapore Special Economic Zone (JS-SEZ), reinforcing Iskandar Puteri’s position as a key economic hub, according to a joint announcement. 

Iskandar Puteri is Flagship Zone B of the JS-SEZ, with a focus on manufacturing, business services, digital economy, education, health and tourism. 

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