Good earnings visibility seen for UEM Sunrise
Unbilled sales of RM4.8 billion together with a slew of new launches in FY18-FY19 will boost its revenue in the near term.
Unbilled sales of RM4.8 billion together with a slew of new launches in FY18-FY19 will boost its revenue in the near term.
Net profit for the first half of financial year 2018 (1HFY18) rose to RM402 million…
'The addition of new retail space reduces the likelihood of a major recovery in rents, while the growing popularity of online shopping reduces demand for physical retail space.'
In the case of fire, an ounce of prevention is certainly worth more than a pound of cure.
House prices in major cities including Kuala Lumpur, Johor Bahru and Penang have been rising ahead of the growth in wages.
Better second half expected as we expect occupancy rates to improve due to completion of refurbishment at the 3 Damansara mall and new tenants that are scheduled to move into the office tower...
Construction works are underpinned by a RM1.5 billion outstanding order book.
Focus on manner of appointment, remuneration of GLC directors.
The group’s longer-term earnings visibility is secure and will be underpinned by its current unbilled sales of RM305 million and increasing contributions from the 8 Kia Peng project.
Our FY18 net loss is raised and we now project for net losses to continue into FY19.