This will support expectations of turning in a better financial performance in the current financial year ending June 30.
The immediate project to hit the market would be the Solaris Tower with a GDV of RM480mil by this year or early next year.
Next would be its project in Vancouver, Canada- the Quintet- where the launching of the second phase is expected to be in February or March next year. The Canada project has a total GDV of 400mil Canadian dollars.
By middle of next year, Sunrise will unveil its MK20 with a GDV of RM1bil, a build-and-sell mixed development project in Mont’ Kiara.
Finally, the launch a premium landed development in Kajang, next to the Mines Resort with GDV of around RM500mil by year-end.
Financial Results …
Sunrise Bhd hopes to achieve sustainable profit and revenue growth for financial year ending June 2011.
Sunrise's pre-tax profit for financial year ended June 30, 2010, fell to RM180.876 million from RM210.911 million in the same period of 2009.
Revenue declined to RM590.742 million from RM803.922 million previously.
Sunrise's pre-tax profit for financial year ended June 30, 2010, fell to RM180.876 million from RM210.911 million in the same period of 2009.
Revenue declined to RM590.742 million from RM803.922 million previously.
UEMLAND proposed to take over SUNRISE at rm2.80 today.
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