PETALING JAYA: UEM Sunrise Bhd
is poised for growth as plans for its 3,000 acres in Iskandar Puteri, Johor gain momentum, supported by promising developments in the region’s infrastructure landscape.
Following an engagement with the company, RHB Research said UEM Sunrise’s management has shared ambitious plans for its vast land portfolio in Iskandar Puteri, indicating the execution of projects should be on track.
“Along with other proposed railway projects and possible locations for the Johor-Singapore special economic zone, various industrial and data centre players have approached UEM Sunrise for development opportunities,” the research house noted, adding that pipeline news flow is expected to be strong.
According to the research firm, execution is key now.
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