SUNRISE : [News] [Stock Watch]
SUNRISE is entering a new era under the leadership of a new substantial shareholder Casa Unggul Sdn Bhd. Kim Eng Research in its notes said Sunrise aims to be more aggressive by launching eight property projects in the prime Mont' Kiara area with a combined gross development value of RM1.8bil over the next two years. Strong take-up rate for the new launches and higher profit margins for the group are anticipated. As at end March, the group is said to have unbilled sales of RM318mil.
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