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KUALA LUMPUR: UEM Sunrise Bhd revenue rose by 42% to RM2.91bil in the financial year ended Dec 31,2019 from RM2.04bil a year ago, boosted by property development following the completion of its Melbourne projects.
KUALA LUMPUR: UEM Sunrise Bhd is nearly doubling its sales forecast to RM2bil for this year, as it anticipates the sluggish property market to improve by the second half of this year
PETALING JAYA: Analysts remain bullish on UEM Sunrise Bhd’s long-term outlook although some have lowered their earnings estimate on the property developer.
KUALA LUMPUR: Piling and foundation company Econpile Holdings Bhd’s orderbook rose to RM700mil with the latest contract valued at RM24.1mil for a high-rise property project in Mont Kiara.
PETALING JAYA: Piling and foundation specialist Econpile Bhd has secured a RM21.4mil earthworks and piling contract from UEM Sunrise Bhd’s subsidiary for a two-block condominium development in Kuala Lumpur.
KUALA LUMPUR: Shares in Econpile Holdings Bhd rose higher in early trade Thursday on securing a new contract worth RM24.1mil.
WHILE high-rise condominiums in strategic locations such as Mont’Kiara continue to see good demand, sales for high-end properties are mostly languishing.
KUALA LUMPUR: UEM Sunrise Bhd’s has recorded more than RM400mil in sales and bookings just less than two months after the launch of its “The Happy Chase” campaign.
PETALING JAYA: UEM Sunrise Bhd could see a rebound in earnings based on several factors as the country moves forward from the pandemic.