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UEM Sunrise to sell Melbourne property for RM304mil

PETALING JAYA: UEM Sunrise Bhd is planning to sell its property in Melbourne, Australia for AU$107.09mil (RM304.13mil), as it seeks to free up cash to pursue other investments.

German companies love stability. That’s becoming a problem

BERLIN: Tucked between rapeseed fields and wooded hills in the Austrian countryside sits one of the remaining outposts of a frantic push by the German car industry into a pricey alternative to steel.