Trading ideas: UEM Sunrise, SP Setia, Tropicana, Varia, GUH, Pecca, Meridian, Oasis, KNM

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

UEM Sunrise Bhd has lost its legal attempt to challenge the Inland Revenue Board’s additional tax assessment and penalty of RM8.49mn, after the Federal Court overturned a prior ruling that favoured the property developer.