Regal Lands Signed MOU with UniMap Holdings to Explore Campus Development Projects in Perlis
Regal Lands Sdn Bhd (“Regal Lands”), the wholly-owned subsidiary of SGX-mainboard listed Regal International Group Ltd. (“RIG” or together with its subsidiaries, the “Group”) signed a Memorandum of Understanding (“MOU”) with UniMap Holdings Sdn Bhd (“UniMap Holdings”) on 12 February 2018, to explore the possibility of initiating new lifestyle, retail or residential development projects around the campus of Universiti Malaysia Perlis.
Together with UniMap Holdings, Regal Lands will be exploring ways to enhance the campus of Universiti Malaysia Perlis, henceforth creating a conducive and vibrant campus environment to attract more local and international students.
Mr. Dominic Su commented on the strategic collaboration, “This alliance with UniMap Holdings opens the door for the Group to establish our presence in Perlis. It is also one of our ways to contribute to the Northern Corridor Economic Region, driving equitable and sustainable economic growth for the nation.”
“With our years of experience in property development, we are optimistic to elevate the quality and enhance the diversity of campus life in Perlis.” Mr. Su added.
(From left to right) Mr. Nicholas Wong, Executive Director of RIG, Mr. Sherman Tan, Managing Director of Stadia Ventures Pte Ltd, Mr. Dominic Su, CEO of RIG and Mr. Baharudin Bin Abd Majid, CEO of UniMap Holdings.
Said Baharuddin Abdul Majid, CEO of UniMap Holdings, “We look forward to Regal Land’s plans, and we hope this will revitalise our campus environment, with more services, businesses and lifestyle elements to elevate the State of Perlis. Our goal is to create a commercial center around our university town and ultimately boosting the brand image of Perlis.”
Structured by Stadia Ventures Pte Ltd and Regal Lands, the Group’s collaboration with UniMap Holdings will also be an avenue for RIG to promote emerging business opportunities in Sarawak to Northern Corridor region and vice versa. The parties will enter into a formal agreement pertaining to the respective projects in respect of this collaboration where necessary and needed.
About UniMap Holdings Sdn Bhd
UniMap Holdings Sdn Bhd was incorporated on August 15th, 2011 as a private limited company. The company is a business arm of Universiti Malaysia Perlis (UniMAP). In the beginning, this company was operated at the School Of Business Innovation and Technopreneurship before it was moved to Kompleks Pentadbiran Taman Kechor Indah. Striving to become an innovative university-based company, UniMap Holdings is involved in the businesses of solar power, supply chain, insurance services and events management.
For more information, please visit https://www.unimapholdings.com.my/ .
About Northern Corridor Economic Region
Northern Corridor Economic Region (NCER) was established in 2007 as one of the economic corridors to provide equitable growth in the four states in the northern region of Peninsula Malaysia including Kedah, Northern Perak, Perlis and Pulau Penang. With a focus on “Growth with Social Equity”, NCER aims to transform the four regions into a sustainable and socio-economically balanced region by 2025.
For more information, please visit http://www.koridorutara.com.my/.