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UEM Sunrise records strong take-up rate for Melbourne property
KUALA LUMPUR: Property developer UEM Sunrise Bhd reported more than 95% of the total residential units at its Aurora Melbourne Central in Australia were snapped up within two weeks since the launch.
UEM Sunrise eyes more property projects in Melbourne
KUALA LUMPUR: UEM Sunrise is eyeing several locations in the city and the suburbs of Melbourne, Australia for property development projects following the successful take up of its integrated development Aurora Melbourne Central in the Melbourne central business district (CBD).
UEM Sunrise Q3 earnings down 60% to RM71.5m
KUALA LUMPUR: UEM Sunrise Bhd posted a 60% drop in earnings to RM71.5mil in the third quarter ended Sept 30, 2014 from RM182.767mil a year ago.
AmResearch maintains Buy UEM Sunrise with FV of RM2.34
KUALA LUMPUR: AmResearch is maintaining a Buy on UEM Sunrise with an unchanged fair value of RM2.34 a share, which is a 40% discount to the net asset value.
UEM Sunrise shifts focus away from Johor due to glut in the state
KUALA LUMPUR: Iskandar Malaysia’s biggest property developer UEM Sunrise Bhd will focus on Peninsular Malaysia’s central region, as Johor faces a property glut and slowdown.
UEM Sunrise wants to buy more land
PETALING JAYA: UEM Sunrise Bhd will focus on land banking this year with its RM500mil-per-year cash allocation for land acquisition over the next three to four years.
UEM Sunrise: Rising up to the challenge
CEO Anwar Syahrin Abdul Ajib is with UEM Sunrise Bhd for less than a year and has a big job ahead.
UEM Sunrise posts higher Q2 earnings of nearly RM84m
KUALA LUMPUR: UEM Sunrise Bhd recorded a 12.6% increase in net profit to RM83.91mil in the second quarter ended June 30, 2015, compared with RM74.53mil a year ago.
UEM Sunrise Q2 net profit rises to RM84mil
PETALING JAYA: UEM Sunrise Bhd’s net profit for the second quarter ended June 30, 2015 rose 12.6% to RM83.91mil compared with the same quarter a year ago on lower expenses, higher income from dividend distribution from a subsidiary under creditors’ voluntary liquidation, and recognition of liquidated ascertained damages receivable from a contractor.
Better second half expected for UEM Sunrise
Analyst Report: UEM Sunrise Bhd, Malayan Banking Bhd and Affin Holdings Bhd.
