• AME Elite and UEM Sunrise formed a 50:50 joint venture to develop an industrial park in Gerbang Nusajaya, Johor.
• The 402-acre project has an estimated gross development value of RM 4 billion.
• Joint venture company Gerbang Synergy will acquire the freehold land from UEM Sunrise subsidiary Nusajaya Rise for RM 972.1 million.
• Development will span three phases, with the first expected to begin by the end of 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AME Elite Consortium Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3721038) on October 30, 2026, and is solely responsible for the information contained therein.