PETALING JAYA: Property developer UEM Sunrise Bhd
’s performance going forward will depend on the company’s ability to sustain sales and progress billings following lower-than-expected sales and progress billings in the second quarter ended June 30, 2025 (2Q25), prompting some caution on optimism for the outlook.
According to recent reports, both CIMB Research and Hong Leong Investment Bank Bhd (HLIB) Research maintained their hold calls on the developer with a target price of RM0.86 and RM0.78, respectively.
