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UEM Sunrise commences construction of Conservatory
MELBOURNE (Oct 12): Property developer UEM Sunrise Bhd has commenced construction of Conservatory, its second project in Melbourne, Australia, the group announced in a press release today.
UEM Sunrise down after rising on Malaysia election rumour
KUALA LUMPUR (Sept 23): UEM Sunrise Bhd fell one sen or 0.
UEM Sunrise's 2Q net profit falls 35% on year, revenue up
KUALA LUMPUR (Aug 30): UEM Sunrise Bhd's second quarter net profit declined 35% on year to RM54.
Property counters may be a safer bet
BOTH the Malaysian and Singaporean governments have sent clear signals that the high-speed rail (HSR) linking Kuala Lumpur and the city state will be a reality; it is only a matter of time.
Possible easing measures for property sector after OPR cut, say analysts
KUALA LUMPUR (July 15): Bank Negara Malaysia’s (BNM) unexpected overnight policy rate (OPR) cut signalled possible easing measures for the property segment going forward, as the 25 basis points (bps) reduction from 3.
BNM’s decision positive for sentiment on property
Property sector (July 14) Maintain neutral: Bank Negara Malaysia (BNM) has cut its overnight policy rate by 25 basis points (bps) to 3%.
UEM Sunrise shines after Bank Negara OPR cut
KUALA LUMPUR (July 14): UEM Sunrise Bhd rose as much as three sen or 3% after Bank Negara Malaysia cut the overnight policy rate (OPR) to 3% from 3.
UEMS, E&O earnings below expectations
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.
