Uda Holdings aims to diversify further to stay relevant, competitive | Malay Mail

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Uda Holdings aims to diversify further to stay relevant, competitive | Malay Mail
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PORT DICKSON, June 6 — Property development and asset management company UDA Holdings Bhd plans to diversify further its businesses to ensure that the government-linked company remains competitive and relevant in the future. Chairman Datuk Jalaluddin Alias said the businesses being looked at...

Saturday, 06 Jun 2020 08:33 PM MYT

“Although our main business is property, we are also involved in construction and hospitality which are similarly affected by the Covid-19 pandemic. However, we have implemented several changes and approaches to ensure that our business concept will remain relevant. Commenting on the extension of the period for individual income tax relief of RM1,000 for tourism expenses until Dec 31, 2021, announced yesterday, Jalaluddin said the move would rejuvenate the country’s tourism industry that had been much affected by Covid-19.“I think the incentive will have a positive effect and be well-received by the people, especially those who could not travel and go on a holiday with their family for a long time.

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