UOA Business Park
KUALA LUMPUR: UOA Development Bhd
recorded a net profit of RM208.93mil in the third quarter ended Sept 30,2020, more than double RM101.91mil in the previous corresponding quarter on the back of a fair value adjustment of UOA Corporate Tower.
The property developer said in a statement that the higher profit was mainly due to the fair value adjustment on investment properties of RM114mil with the revaluation of UOA Corporate Tower.
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