UEM Group
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UEM Group Berhad (UEM Group) is an investment holding company and a wholly-owned subsidiary of Khazanah Nasional Berhad.
Its core businesses are Expressways (PLUS Malaysia Berhad), Township & Property Development (UEM Sunrise Berhad), Engineering & Construction (UEM Builders Berhad and Cement Industries of Malaysia Berhad or CIMA), Asset & Facility Management (UEM Edgenta Berhad) and Green Industries (UEM Lestra Berhad).
UEM Group has assets of more than US$5 billion (RM22.1 billion), with shareholders' funds standing in excess of US$2.1 billion (RM9.2 billion) as of the end of December 2022.[1]
History
The company was incorporated in 1966 as United Engineers (M) Bhd.
In 2001, it became a wholly owned subsidiary of Khazanah Nasional Berhad, the sovereign wealth fund of Malaysia.
UEM Group of companies
Mercu UEM
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Mercu UEM, a 29-storey commercial office building is the main headquarters of the UEM Group. It is located at KL Sentral, Kuala Lumpur.
References
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- [1] UEM Group Berhad corporate website, 16 Oct 2023
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- UEM Group
- 1966 establishments in Malaysia
- Conglomerate companies of Malaysia
- Construction and civil engineering companies of Malaysia
- Government-owned companies of Malaysia
- Malaysian companies established in 1966
- Construction and civil engineering companies established in 1966
- Privately held companies of Malaysia