UEM Edgenta explores Saudi Arabia market, inks Memorandum of Business Exploration
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UEM Edgenta Berhad (“UEM Edgenta” or the “Company”), South East Asia’s leading Asset Management and Infrastructure Solutions company has entered into a Memorandum of Business Exploration (“MoBE”) with Asma Advanced Solutions LLC (“Asma Advanced”) to identify strategies to capture healthcare support services and integrated facility management markets in Saudi Arabia. Asma Advanced is jointly-owned by Progressive Impact Corporation Berhad (“PICORP”) and a Saudi Closed Joint Stock Company, Trade House Group Company (“THG”). The MoBE will pave the way for future collaborations to explore and identify potential opportunities with a view to commercially craft viable business ventures in Saudi Arabia. Present during the signing today was Syahrunizam Samsudin, Managing Director/Chief Executive Officer of UEM Edgenta and Sheikh Abdulwahab bin Nasser Al-Akeel, Chair