Daily Industry News Update (25 November 2021)

INDUSTRY NEWS (25 November 2021)

UEM Sunrise reports seventh consecutive quarterly loss

UEM Sunrise Bhd posted a wider net loss of RM50.38 million for the third quarter ended Sept 30, 2021 (3QFY21) compared with RM7.37 million in the immediate preceding quarter. This is the group’s seventh consecutive quarterly loss.

KLK Land Unveils Jardin Residences Parcel 2, Following Overwhelming Response For Its First Release

The first release of Jardin Residences in Bandar Seri Coalfields has seen a 100% take-up rate after MCO 3.0 in September 2021. The fully taken up 110 units of double-storey link homes was unveiled in May this year.