UEM Group Berhad (UEM Group) is an infrastructure-focused, investment holding company and a wholly owned subsidiary of Khazanah Nasional Berhad.
Its core businesses are Expressways (PLUS Malaysia Berhad) & Airports (Malaysia Airports Holdings Berhad), Township & Property Development (UEM Sunrise Berhad), Engineering & Construction (Cement Industries of Malaysia Berhad or CIMA), Asset & Facility Management (UEM Edgenta Berhad), and Green Industries (UEM Lestra Berhad).
As at end of December 2024, UEM Group reported total assets of more than USD6.1 billion (RM27.1 billion), with shareholders' funds of approximately USD2.4 billion (RM10.7 billion).It has completed infrastructure projects spanning transportation, buildings, real estate and renewable energy facilities in Malaysia totalling more than USD13.6 billion since 1988 .[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
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
- official page uem.com.my, retrieved 27 May 2021^