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UEM Sunrise Q2 earnings up 73%, boosted by higher revenue
PETALING JAYA: UEM Sunrise Bhd posted a set of commendable results which saw its net profit surged by 73% for the second quarter ended June 30, 2017, boosted by its higher property development revenue.
UEM Sunrise unveils RM1bil property project in Melbourne
KUALA LUMPUR: UEM Sunrise Bhd has launched its third project, Mayfair, with a gross development value (GDV) of RM1bil in Melbourne, Australia.
UEM Sunrise launches third project in Melbourne
KUALA LUMPUR: UEM Sunrise Bhd launched its third project in Melbourne, Australia, called Mayfair, with a gross development value (GDV) of about RM1bil.
UEM Sunrise aims to strengthen presence in Australia
KUALA LUMPUR: UEM Sunrise Bhd plans to further explore the property market in Australia to strengthen its presence there.
Big swing in UEM Sunrise Q1 profit
PETALING JAYA: UEM Sunrise Bhd’s net profit for the first quarter ended March 31 increased significantly to RM61.3mil compared to RM3mil in the previous corresponding period as a result of higher property development revenue and the revision of the estimated cost for completed projects.
MIDF Research retains Neutral for UEM Sunrise
KUALA LUMPUR: MIDF Equities Research is maintaining a Neutral recommendation for property developer UEM Sunrise with slightly higher target price of RM1.11.
UEM Sunrise sells Aussie property for RM371mil
PETALING JAYA: UEM Sunrise Bhd’s unit is selling a block of serviced apartments in Melbourne for A$120mil (RM370.8mil) to Ascendas Hospitality Trust.
UEM Sunrise sells Melbourne property for RM370m to Ascendas Hospitality Trust
KUALA LUMPUR: UEM Sunrise Bhd’s unit is selling a block of serviced apartments in Melbourne for A$120mil or RM370.80mil to Ascendas Hospitality Trust.
UEM Sunrise finds success in Australia, Aurora units fully sold
MELBOURNE: UEM Sunrise Bhd is glad it has taken the opportunity to venture into Australia.
