July 13, 2014 8:57 AM ET

Real Estate Management and Development

Company Overview of UOA Development Bhd

Company Overview

UOA Development Bhd, an investment holding company, is engaged in the investment, development, construction, and management of residential and commercial properties primarily in Malaysia. The company’s residential property portfolio includes condominiums, serviced apartments, serviced suites, and villas; and commercial property portfolio comprises office, hotel, and serviced suites. It also provides a range of hospitality properties comprising auditorium, function room, business centre, ballroom, gazebo, and exhibition space; and 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 ...

Wisma UOA Bangsar South Tower 1

Avenue 3

The Horizon, Bangsar South City

No.8, Jalan Kerinchi

Kuala Lumpur,  59200

Malaysia

Founded in 1987

Phone:

60 3 2245 9188

Fax:

60 3 2245 9198

Key Executives for UOA Development Bhd

UOA Development Bhd does not have any Key Executives recorded.

UOA Development Bhd Key Developments

UOA Development Bhd Approves First and Final Dividend for the Financial Year Ended December 31, 2013, Payable on July 17, 2014

UOA Development Bhd announced that at the annual general meeting held on May 28, 2014, approved first and final single tier dividend of 13 sen per ordinary share of MYR 0.05 each for the financial year ended December 31, 2013. The dividend will be payable on July 17, 2014. EX-date is June 16, 2014.

UOA Development Bhd Announces Unaudited Consolidated Earnings Results for the First Quarter Ended 31 March 2014; Intends to Launch MYR 2.0 Billion Worth of Development Projects for the Remaining Year of 2014

UOA Development Bhd announced unaudited consolidated earnings results for the first quarter ended 31 March 2014. Revenue for the 3 months ended 31 March 2014 stood at MYR 175.0 million in comparison to MYR 381.9 million in the same quarter of the preceding year. Profit before tax was MYR 44.7 million compared to MYR 119.1 million in the previous year due to the absence of en bloc sale for the quarter under review. Total new sales were MYR 335.5 million for the first quarter of 2014 with strong sales contribution by a new residential project - South View Serviced Apartments and other on-going projects such as Scenaria at North Kiara Hills and Kencana Square in Subang. Profit attributable to owners of the company was MYR 44,650,000 against MYR 119,144,000 a year ago. Basic earnings per share was MYR 3.33 against MYR 9.38 a year ago. Net cash ued in operating activities was MYR 26,442,000 against net cash from operating activities of MYR 91,748,000 a year ago. Purchase of property, plant and equipment was MYR 4,884,000 against MYR 967,000 a year ago. For the remaining year of 2014, the company intends to launch approximately MYR 2.0 billion worth of development projects including Southbank at Old Klang Road, Sentul Point (Phase 1) in Sentul and a parcel of Jalan Ipoh land.

UOA Development Bhd, Special/Extraordinary Shareholders Meeting, May 28, 2014

UOA Development Bhd, Special/Extraordinary Shareholders Meeting, May 28, 2014., at 11:00 Singapore Standard Time. Location: Nexus 1 Ballroom, Level 3A, Connexion@Nexus. Agenda: To consider the renewal of shareholders mandate for existing recurrent related party transactions of a revenue or trading nature and for provision of financial assistance with UOA Holdings Sdn Bhd, Dats management Sdn Bhd, Asli secrity services Sdn Bhd, Seri Tiara development Sdn Bhd and UOA PTE Ltd ; to consider the renewal of shareholders mandate for existing recurrent related party transactions of a revenue or trading nature and for provision of financial assistance with Ceylon Hills Sdn Bhd, Everise Project Sdn Bhd, and Everise Tiara (m) Sdn Bhd; to consider the new shareholders mandate new recurrent related party transactions of a revenue or trading nature and for provision of financial assistance; and to consider the renewal of share buy back authority.

Recent Private Companies Transactions

Type
Date
Target
Buyback
May 28, 2014
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact UOA Development Bhd, please visit www.uoadev.com.my. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.