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UEM Sunrise and GuocoLand Forge Strategic Partnership for Iskandar Puteri Development

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UEM Sunrise and GuocoLand Forge Strategic Partnership for Iskandar Puteri Development

GuocoLand Limited ( (SG:F17) ) has shared an announcement.

UEM Sunrise Berhad and GuocoLand Limited have signed a Memorandum of Understanding to develop UEM Sunrise’s landbank in Iskandar Puteri, Johor, as part of the Johor-Singapore Special Economic Zone. This strategic partnership aims to enhance infrastructure, talent development, and create a business-friendly ecosystem, positioning Iskandar Puteri as a key economic hub and attracting high-value investments to the region.

More about GuocoLand Limited

GuocoLand Limited is a Singapore-based real estate group involved in property development, investment, and management. The company focuses on creating high-quality residential, commercial, retail, and hospitality properties, and aims to enhance urban living environments.

YTD Price Performance: 1.96%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €1.15B

See more insights into F17 stock on TipRanks’ Stock Analysis page.

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