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UEM Land Q2 earnings up more than sixfold
 
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UEM Land Q2 earnings up more than sixfold
Aug 30, 2010
NSTP
UEM Land Holdings Bhd (5148), a property developer, said second quarter net profit jumped more than sixfold to RM40.3 million, mainly due to gains from its disposal of Touch 'n Go Sdn Bhd. The company made a gain of RM25.6 million from selling its 20 per cent stake in Touch 'n Go to PLUS Expressway Bhd for RM33.4 mi...

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