UEM Sunrise managing director and CEO Anwar Syahrin Abdul Ajib said: “We continue to explore the acquisition of strategic landbanks both local and overseas for the sustainability of the business and remain steadfast in selling non-strategic lands to raise additional cash."
KUALA LUMPUR: UEM Sunrise Bhd
posted revenue of RM196mil in the first quarter ended March 31,2020 compared with RM419mil a year ago as most of its projects last year were launched in the second half.
It said on Friday this led to lower revenue as these ongoing projects are at the early stages of construction progress during the period under review.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
