Held at Dubai Autodrome, the meeting included an introduction to CJ by Chairman Mr Jay Hyun Lee, followed by a Union Properties credentials presentation by CEO Mr Simon Azzam. The Korean guests were then taken on a guided tour of the Autodrome's facilities and amenities.
CJ Corporation was established in 1953 primarily as a food manufacturer but has since ventured into other areas, most notably bioengineering, pharmaceuticals, film distribution, cinemas, home shopping, finance and construction. It is today one of the most successful companies in South Korea.
Union Properties is one of the region's leading property investment developers and real estate companies, noted for creating outstanding residential, commercial and recreational real estate initiatives, including Green Community, The Tower, Index and of course MotorCity, which incorporates Dubai Autodrome.
Mr Azzam stated, 'CJ is an ambitious, dynamic, forward-thinking organisation with a worldwide presence and we are truly honoured to have met their directors to get a deeper understanding of their mission and premium range of products and services.'
Mr Jay Hyun Lee added, 'Our aim is to create healthy lifestyles that are fun, with more convenience. In this respect, the CJ philosophy is very much in keeping with UP's.'
Mr Azzam concluded, 'I am quite sure we have further discussions in the not-too-distant future.'
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Union Properties holds talks with CJ Corporation
- United Arab Emirates: Sunday, June 11 - 2006 at 09:44
- PRESS RELEASE
Executives from Union Properties met with delegates from CJ Corporation of South Korea to discuss UP's vision for MotorCity and areas of commercial mutual interest.
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Union PropertiesUnion Properties PJSC, one of the UAE's leading property investment developers and a public joint stock company established in 1993, is totally committed to providing quality service in everything it does.
The success of Union Properties is built upon six basic principles forming the company's ethical code; these being quality, service, innovation, care, trust and diversity. Embedding these six values into every faceted aspect of the operation has enabled Union Properties to leverage itself as a leader in its field.
Union Properties has an outstanding reputation for professionalism and integrity throughout the United Arab Emirates, serving public institutions, multinational corporations, the business community and the private sector.
For further information - contact:
Khalil Majdalawi, Tamra C2
Tel: +971 (4) 295 1177
Fax: +971 (4) 295 1188
Posted by Lara Lynn Golden, News EditorSunday, June 11 - 2006 at 09:44 UAE local time (GMT+4)
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