VYCONCHONG理财点滴 wrote a post · Sep 25, 2023 13:01

Get to know the real estate leader, Uems quickly

Uem Sunrise is a comprehensive real estate developer with business in Malaysia, Australia, South Africa and other countries. So far, it has developed more than 50 projects, mainly in the Kuala Lumpur and Johor Bahru areas. Recently, it was announced that it has teamed up with Australian developer Greystar to jointly develop a BTR real estate project in Melbourne. The estimated development value is RM800 million

Since acquiring many parcels of land in Iskandar, Uems has the largest land inventory in Johor and is also a major developer of the Johor Special Economic Zone. As of the latest record, Uems has 8,533 acres of reserve land, making it the second-largest real estate company in Malaysia, while the Johor area accounts for 92%, the highest among its peers

As the Malaysian government paid more and more attention to the development of the relevant area, in line with the restart expectations of the Xinlong High Speed Rail, Uems received great attention from the market. The stock price continued to break through new highs since the epidemic, rebounded by nearly 500% from the bottom, and the market capitalization returned to the top three, fully reflecting the optimistic expectations of Uems's earnings from the restart of large-scale projects

The continuous influx of capital has also brought the real estate sector quickly out of the slump over the years, and Uems is definitely the biggest hero among them

Follow me to take back control of the Malaysian stock market

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VYCONCHONG理财点滴

“投资，是人生必学的一门课” 我是一位90后的马股投资者，乐于分享上市企业的看法，透过教育提升大众对投资的认知🤝🏻

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