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  • 14 minutes ago
UDA Holdings Bhd (UDA) has identified four to five of its older properties nationwide for revitalisation through redevelopment and reactivation efforts.

Minister of Entrepreneur and Cooperatives Development Steven Sim said this during his visit on Sept 24 to the Chinatown 1974 building, formerly known as Bangunan Tunas Utama in Kuala Lumpur.

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00:00.
00:31I don't know, just to know, come, let's see.
00:37My child's got a lot.
00:42We are in the SSC or agency that has been more than 50 years.
00:56so there are assets that are there, there are assets that are all kinds of assets, they are all there,
01:02they are all there, there are other buildings and so on
01:05so when the Pemimpinan Uda from the past this, Uda has been trying to make initiative to make that asset
01:16is being able to be taken out with more and more
01:19So it's a big deal of $3,000.
01:22And when we talk about that,
01:24I was aware of the China Town 704
01:30because I saw it on the wire.
01:32I saw it on my FYP.
01:36So I said that the example that we can use
01:39to unlock the value of our asset
01:42is China Town 704.
01:44This is not all unique.
01:45This is how we are going to do it for now.
01:47Thank you very much.

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