KUALA LUMPUR: UEM LAND HOLDINGS BHD [] shares advanced in early trade on Friday, June 17 after the company said it has set an internal target for a 50% revenue growth in FY2011 and a 10% return on investment.
At 9.25am, UEM Land was up three sen to RM2.80 with 298,300 shares traded.
Its managing director and CEO Datuk Wan Abdullah Wan Ibrahim yesterday said with the acquisition of SUNRISE BHD [], UEM Land was hoping to build its portfolio and surpass its competitors' revenue in the near future.
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At 9.25am, UEM Land was up three sen to RM2.80 with 298,300 shares traded.
Its managing director and CEO Datuk Wan Abdullah Wan Ibrahim yesterday said with the acquisition of SUNRISE BHD [], UEM Land was hoping to build its portfolio and surpass its competitors' revenue in the near future.
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