News About UEM Sunrise Bhd

UEMS, E&O earnings below expectations

Jul 11

Property sector Maintain neutral: Out of eight property developers under our coverage, two (UEM Sunrise Bhd [UEMS] and Eastern & Oriental Bhd [E&O]) reported earnings below expectations.

UEM Sunrise plans to issue RCPS instead of new shares to raise up to RM793 mil

Dec 16

KUALA LUMPUR (Sept 17): UEM Sunrise Bhd (UEMS) and its major shareholder UEM Group Bhd (UEMG) have mutually agreed to terminate a previous share subscription agreement and replace it with a subscription agreement for the proposed issuance of up to 793 million new UEMS redeemable convertible preference shares (UEMS-RCPS), in light of recent movements in the market price of UEMS shares.

Luxury living at a bargain in Johor Bahru’s ‘Bangsar’

Dec 17

ANDAMAN Group’s towering development, ARC @ Austin Hills, in Taman Daya, Johor Bahru, is surrounded by perfectly manicured lawns and landed homes.

Cautious sentiment in Johor remains in 2Q

Dec 17

THE Goods and Services Tax (GST), the weak domestic and global economy, and the uncertain local political situation worsened sentiment in Johor’s property market in the second quarter of the year.

UEM Sunrise’s 2Q earnings grow 12.6%

Dec 16

KUALA LUMPUR (Aug 18): UEM Sunrise Bhd saw its net profit for the second quarter ended June 30, 2015 (2QFY15) rise 12.

Cautious optimism remains over Iskandar Malaysia residential market: Knight Frank

Dec 17

JOHOR BAHRU (Aug 16): The Iskandar Malaysia residential property market remains cautiously optimistic as transactions volume continued to fall, according to Knight Frank Malaysia Sdn Bhd’s report entitled, Knight Frank Real Estate 1H2015.