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December 6, 2006
Sunrise, developer synonymous with the Mont’Kiara marque, is optimistic of better earning next year, as highlighted in their AGM recently. Some key figures from the press report are as follows:
- Sunrise reported a net profit of RM104.69 million in FY05. However, net profit was RM7.11 million in FY06 due to the provision for one-off impairment losses of RM87.4 million.
- Unbilled sales stand at RM820million and more launches are on the way.
- The GDV of 10 Mont’Kiara was RM600 million and sales have hit 77% at the time of the AGM. 10 Mont’Kiara is Sunrise’s latest offering the area.
- Their landbank in the Mont’Kiara area had increased to 36.8ha now from 25.6ha as of June 30, 2005, and it was developing about 20ha of land in Mont’Kiara with a GDV of RM3 billion now.
- Next year, Sunrise will also launch several projects at Solaris Dutamas and 11 Mont’Kiara, with a combined GDV of RM1 billion.
- The company also has stake in overseas assets, but Sunrise managing director Datuk Michael Yam said it would dispose of its interest in a development project in the United Kingdom to focus on its operations in Malaysia. Sunrise has a 33.3% stake in Milequay Ltd, which owns 25% of the development project in Ipswich.
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Admin, i’ve been reading your site using Firefox since last year. And recently, it’s unreadable from Firefox. Still can use IE though. But maybe u can just look into it, if u have the time. Great site anyways.
Comment by muizon — December 7, 2006 @ 9:45 am
that’s strange, do you have a firewall installed? i’ve tried firefox and it works on my pc…
Comment by Administrator — December 7, 2006 @ 11:40 am
I have same problem like muizon, cant view with FireFox.
Comment by Ken — December 7, 2006 @ 3:59 pm
which version of FF are u guys using?
Comment by Administrator — December 7, 2006 @ 4:33 pm
can view using firefox already… no problem
Comment by muizon — December 7, 2006 @ 5:39 pm
ok, then i know what the problem was…
Comment by Administrator — December 7, 2006 @ 5:45 pm