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SUTL unit partners UEM Sunrise to build Puteri Harbour marinas

Total investment cost is around S$66.6m in cash and in kind, with SUTL's commitment at about S$40m

Singapore

ELECTRONICS distributor-turned-marina developer SUTL Enterprise on Monday said its unit has agreed to set up, fund and run a joint venture firm with Khazanah's UEM Sunrise to develop the existing marinas in Puteri Harbour of Iskandar Puteri in Malaysia.

The project will...

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