UEM Land eyes RM2b revenue: Credit Suisse

Posted on | October 7, 2010

By BLOOMBERG

UEM Land Holdings Bhd, a Malaysian property developer, aims to grow revenue five-fold to RM2 billion in five years, Credit Suisse Group AG said in a report today, citing company management.

UEM Land’s Bandar Nusajaya project will contribute at least 60 per cent of the sales in five years, Amir Hamzah, an analyst at Credit Suisse said in the report.

The company is also in talks with several Singaporean government-linked companies on property projects, Amir said.

- UEM Land

You might also like

Sunway City said to have hired coordinators for REIT listing By REUTERSPROPERTY developer Sunway City (6289) has hired RHB Investment Bank and Credit Suisse as the...

UEM Land raised to ‘trading buy’ By BLOOMBERG UEM Land Holdings Bhd rose to an 11-week high in Kuala Lumpur stock trading after Khazanah...

Pavilion REIT eyes RM710m IPO By BUSINESS TIMES KUALA LUMPUR Pavilion Real Estate Investment Trust (REIT) aims to raise up to RM710...

MK Land Q3 profit jumps more than two-fold By THE STAR PETALING JAYA: MK Land Holdings Bhd's net profit jumped more than two-fold to RM7.2mil...