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Its Property development segment development and sales of residential and commercial properties, as well as sales of lands. Its Property investment and hotel operation segment holds to earn rental income and/or capital appreciation, including hotel operation. Its Others segment includes investment holding, assets and facilities management, project management, harvesting, land leasing and others. Its subsidiaries include Sunrise Berhad, UEM Land Berhad, UEM Sunrise (Australia) Sdn. Bhd.,
The revised master plan of Gerbang Nusajaya entails the conversion of 361.2 acres of land from residential to industrial land use.
“We are expecting the industrial component to contribute more than 20% out of the total Gerbang Nusajaya gross development value potential of RM45bil,” he told StarBiz.
KUALA LUMPUR (Sept 12): Maybank Investment Bank (Maybank IB) advised investors to refocus on property stocks with solid fundamentals and proven execution capabilities amid enthusiasm around the Johor-Singapore Special Economic Zone (JS-SEZ).
The much-anticipated JS-SEZ, while still a key theme of Malaysia's property sector, has seen delays in policy details, pushing timelines back to November 2024.
KUALA LUMPUR (Sept 25): Three of UEM Sunrise Bhd’s (KL:UEMS) projects in Iskandar Puteri, Johor, with a combined gross development value (GDV) of RM499 million, have been fully taken up during their respective previews, according to a press statement issued on Wednesday.
KUALA LUMPUR (Dec 9): Property developer UEM Sunrise Bhd (KL:UEMS) could emerge as a dark horse of the industry in 2025, driven by the upcoming launch of its flagship show gallery in Iskandar Puteri and anticipated disclosures on the revised Gerbang Nusajaya master plan.
These developments, along with the impending Johor-Singapore Special Financial Zone (JS-SEZ) incentives, position the developer to capitalise on the momentum... https://theedgemalaysia.com/node/737078
KUALA LUMPUR (Dec 18): UEM Sunrise Bhd (KL:UEMS) and ITRAMAS Corp Sdn Bhd have signed a memorandum of understanding (MOU) with China-based battery energy storage solutions (BESS) and power battery technology manufacturer Gotion High-Tech Co Ltd to develop a research and development (R&D) centre at UEM Sunrise’s Renewable Energy (RE) Industrial Park in Gerbang Nusajaya, Iskandar Puteri, Johor. https://theedgemalaysia.com/node/738118
LOOKING FORWARD TO THE NEW CEO TO ENHANCE UEMS STOCK PRICE.....
Sleeping GIANT UEM GROUP STIRS
“UEM Sunrise, which is huge, used to trade at roughly 80% discount to NAV. Right now, it’s better, but it’s always trading at a discount. So, again, we decided, ‘Okay, what can we do to enhance the price?’ We’re looking at focusing on industrial parks.”
THE DAY STARTS TOMORROW........
Signing of SEZ is just the beginning of slew of projects to come....
PM Wong to visit Putrajaya for Malaysia-Singapore Leaders' Retreat
Mr Wong will be hosted by his Malaysian counterpart Anwar Ibrahim from Jan 6 to 7. Both countries will sign a joint agreement on the Johor-Singapore Special Economic Zone (SEZ), according to Malaysia’s foreign ministry. https://www.channelnewsasia.com/singapore/malaysia-singapore-leaders-retreat-lawrence-wong-anwar-ibrahim-4838746
KUALA LUMPUR (Jan 17): The long-awaited transformation of Johor into a key investment hub is “finally happening” after a couple of “false dawns”, says Jefferies.
In a note on Friday, the rapid development of the data centre industry, coupled with strategic infrastructure projects, is now placing Malaysia back on the radar of dedicated emerging market (EM) investors. https://theedgemalaysia.com/node/741433
Other equities in Khazanah’s portfolio that outperformed in 2024 included Farm Fresh Bhd (KL:FFB), which surged 42.6%, Telekom Malaysia Bhd (KL:TM) (25.4%) and UEM Sunrise Bhd (KL:UEMS) (33.5%), although the absolute market cap adjustment on Khazanah’s portfolio was smaller. https://theedgemalaysia.com/node/743911