Real Estate Management and Development
Company Overview of UOA Development Bhd
UOA Development Bhd, an investment holding company, invests in, develops, constructs, and manages real estate properties primarily in Malaysia. The company operates through Property Development and Construction segments. It develops residential properties, such as condominiums and serviced apartments; and commercial and retail properties with a total land bank of approximately 100 acres. UOA Development Bhd also manages and operates hotels and services appartments, as well as operates as a civil contractor. The company was founded in 1987 and is headquartered in Kuala Lumpur, Malaysia. UOA Development Bhd is a subsidiary of UOA Holdings Sdn Bhd.
Wisma UOA Bangsar South
Tower 1, Avenue 3
The Horizon Bangsar South City
No.8, Jalan Kerinchi
Kuala Lumpur, 59200
Founded in 1987
Key Executives for UOA Development Bhd
UOA Development Bhd does not have any Key Executives recorded.
UOA Development Bhd Key Developments
UOA Development Bhd Appoints Kong Sze Choon as Alternate Executive Director
Aug 20 15
UOA Development Bhd announced the appointment of Mr. Kong Sze Choon as Alternate Executive Director of the company with effect from August 20, 2015. From 2004 to 2006 he held various positions in several banks in Singapore. He became the Leasing and Marketing Manager of UOA Holdings Sdn Bhd from 2006 to 2008. From 2008 to 2011, he was the Assets Management Manager of UOA Asset Management Sdn Bhd. He is currently the Executive Director and Chief Executive Officer of UOA Asset Management Sdn Bhd, the Manager of UOA Real Estate Investment Trusts, a position he held since 2011.
UOA Development Bhd Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Aug 20 15
UOA Development Bhd announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company's revenue was MYR 325.7 million compared with MYR 219.3 million a year ago. Profit before tax was MYR 109.2 million compared with MYR 103.4 million a year ago. Profit for the period was MYR 82.1 million compared with MYR 84.3 million a year ago. Profit attributable to owners of the company was MYR 68.9 million or 4.82 sen per basic share compared with MYR 80.2 million or 5.99 sen per basic share a year ago. The Group’s revenue and profit attributable to the company for the quarter under review were mainly derived from the progressive recognition of the Group’s on-going development projects namely Desa Green, Vertical Office Suites, Scenaria @ North Kiara Hills, South View Serviced Apartments, Southbank Residence, Desa Sentul, and The Vertical Corporate Tower.
For the six months, the company's revenue was MYR 639.4 million compared with MYR 394.2 million a year ago. Profit before tax was MYR 229.5 million compared with MYR 171.6 million a year ago. Profit for the period was MYR 174.0 million compared with MYR 136.3 million a year ago. Profit attributable to owners of the company was MYR 147.4 million or 10.30 sen per basic share compared with MYR 124.8 million or 9.32 sen per basic share a year ago. Net cash generated from operating activities was MYR 133.2 million compared with net cash used in operating activities of MYR 45.9 million a year ago. Purchase of property, plant and equipment was MYR 3.6 million compared with MYR 11.4 million a year ago. As on June 30, 2015, the company's net asset per share was MYR 1.90.
UOA Development Bhd Announces First and Final Single Tier Dividend for the Financial Year Ended December 31, 2014, Payable on July 14, 2015
Jun 3 15
UOA Development Bhd announced first and final single tier dividend of 13.00 sen per ordinary share of MYR 0.05 each for the financial year ended 31 December 2014. The dividend is payable on July 14, 2015, EX dividend date is 15 June 2015 and Entitlement date is 17 June 2015.
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