Sime Darby collaborates with Halim Saad's KYS

KUALA LUMPUR (March 2): Sime Darby Property Bhd, the property arm of Sime Darby Bhd, announced its collaboration with Tan Sri Halim Saad’s KYS Education Group to establish the KYS International School within the KL East development here.

Sime Darby Property is the developer of KL East on a 61.2-ha (153-acre) tract, located some 800m from the Gombak LRT station and near the Kuala Lumpur City Centre, according to Sime Darby Property's statement today.

"The agreement outlines a long term land lease arrangement between the developer and education provider, for the setting up of the international school on a 6-acre site in KL East.

"The KYS International School is strategically positioned to tap into the expatriate market and higher income households, key demographics of KL East. The development of KYS International School in KL East will be undertaken independently by the KYS Education Group," Sime Darby Property said.

Sime Darby Property issued the statement in conjunction with the agreement signing ceremony between the group and KYS.

KYS Education founder Halim said in the statement that the planned international school was the education group’s first venture outside Melaka.

He said the venture at KL East was seen as the "first step" to more collaborations between KYS and Sime Darby Property.

“KYS has a reputation as one of the best schools in the country and we have produced good quality, all rounded students for the past 20 years.

“This collaboration with Sime Darby Property will give more students access to obtain high quality education delivered by KYS, and we see this as the first step to further collaborations with Sime Darby Property in the future,” he said. — theedgemarkets.com

Do not ask your uncle about the value of your home. Click here at The Edge Reference Price to find out.