News about rise

UEM Sunrise Bhd (Sept 21, RM1.

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.

KUALA LUMPUR (Sept 14): Most property developers are glad that the weakening ringgit has minimal impact on their development costs, but high-end projects which have more imported building materials, may be affected.

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

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.

KUALA LUMPUR: UEM Sunrise Bhd has launched a customer rewards campaign called Signature Selection that will run from Sep 1 to Oct 31.

  KUALA LUMPUR (Aug 21): The defunct One Bangsar in Jalan Ara, Kuala Lumpur, could be revived as a low-density commercial development.

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

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.

GEORGE TOWN (Aug 7): theedgeproperty.