Media & Downloads
Press Releases

17 February 2007

CLARIFICATION ON DESTINATION RESORT DEVELOPMENT IN ISKANDAR DEVELOPMENT REGION

Khazanah Nasional Berhad (“Khazanah”) would like to clarify on various news reports recently on the subject of a theme park development in the Iskandar Development Region (“IDR”).

In 2006, Khazanah commenced a study to evaluate the feasibility of establishing a Destination Resort in the IDR. The study has incorporated work undertaken by the UEM Group in the past, but following the de-gearing exercise of UEM Land, where the land earmarked for the Destination Resort was part of the parcels of land to be disposed to Khazanah, the study is no longer coordinated by the UEM Group.

In this regard, any ongoing or future evaluation process for the Destination Resort would be undertaken by Khazanah, and any announcement on this matter would be made by Khazanah at the appropriate juncture.

Khazanah does not expect to make any announcements regarding this study any time in the near future.



Other Press Releases
21 March 2023

Khazanah records improved profit for 2022 amidst a...

Read more  

17 March 2023

Khazanah partners Sunway Education Group to develo...

Read more  

16 March 2023

Khazanah launches Future Malaysia Programme under ...

Read more  

25 February 2023

Statement by Dato’ Amirul Feisal Wan Zahir, Mana...

Read more  

14 December 2022

Emerging artistic talents awarded with art residen...

Read more  

7 October 2022

Statement by Dato’ Amirul Feisal Wan Zahir, Mana...

Read more  

24 August 2022

Galeri Khazanah to contribute towards Khazanah’s...

Read more  

6 July 2022

Khazanah’s Investments in Türkiye Underscore th...

Read more  

10 June 2022

Khazanah launches sustainability framework and tar...

Read more  

5 June 2022

Khazanah celebrates World Environment Day at Taman...

Read more