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Formerly | Urban Development Authority of Malaysia |
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Company type | Government-linked company (GLC) |
Founded | 12 November 1971 |
Headquarters | Blok Menara, Kompleks Pertama, Jalan Tuanku Abdul Rahman, 50100 Kuala Lumpur, Malaysia |
Key people | Tan Sri Dato' Seri Mohd Annuar Zaini (Chairman) Datuk Sr Mohd Salem Kailany (CEO) |
Parent | Minister of Finance Incorporated |
Website | www www www |
UDA Holdings Berhad (formerly Urban Development Authority of Malaysia) is a Malaysian holding company. It served to launch and oversee urban development projects related to business, industry, and housing. It was also tasked with developing urban infrastructure.[1] After 25 years of dedicated service, UDA was incorporated on June 20, 1995, becoming UDA Holdings Sdn Bhd, and later renamed UDA Holdings Berhad in 1999. It was subsequently listed on the Main Board of the Kuala Lumpur Stock Exchange. In 2007, UDA is delisted from the Main Board of Bursa Malaysia and becomes a wholly owned subsidiary of Khazanah Nasional. The following year, Khazanah transfers all UDA shares to the Ministry of Finance Inc.