UOA Development to have weaker 2Q — Kenanga Research

KUALA LUMPUR (June 30): While UOA Development Bhd's first quarter ended March 31, 2020 (1QFY20) came in within expectations, Kenanga Research is of the view that developer will have a weaker 2QFY20 as it has to contend with the fallout of the Movement Control Order (MCO).

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Sunway REIT to acquire Sunway Pinnacle

PETALING JAYA (June 29): Sunway REIT Management Sdn Bhd, the Manager of Sunway Real Estate Investment Trust (Sunway REIT) will be acquiring The Pinnacle Sunway, a Grade A office building in Sunway City, Selangor for RM450 million.

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