Land sale: Yachts and boats sit moored at the public marina at UEM Sunrise Bhd.’s Puteri Harbour residential and commercial development in Nusajaya, Johor. UEM Sunrise has sold some parcels of land to other developers in Johor. – Bloomberg.
THE trading volume of UEM Sunrise Bhd
shares surged to a multi-year high yesterday while the share price soared by 14 sen or 15% to RM1.06.
It was the second most active counter yesterday with a turnover of 140 million shares on the back of speculation that the company was ripe for a corporate exercise.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
