PETALING JAYA: UEM Sunrise Bhd
has surpassed its 2023 sales target of RM1.5bil earlier than expected and the group expects to be on a “firmer footing” amid a moderate market outlook ahead.
UEM Sunrise, which is in the midst of executing its turnaround plan that involves offloading inventories, non-strategic lands and non-core assets, said its inventories reduced by 33% in the past nine months to RM136mil.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
