An architect's rendering of one of UOA's residential developments in Malaysia, the $130 million Desa Centre.

Malaysian developer acquires second Perth site

A major Malaysian property developer is eyeing Perth as a launchpad for an entry into the Australian market, off the back of a $14 million acquisition of a development site in Leederville.

ASX- and SGX-listed United Overseas Australia today announced it had purchased a 4,000 square metre plot of land on Newcastle Street in Leederville, in a deal worth $14 million.

UOA has a long track record of project delivery in Malaysia, while it reported a net profit of $162 million in 2016.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/03/17

1 year TSR5 year TSR
305thMacmahon Holdings41%-28%
348thUnited Overseas Australia31%14%
630thTox Free Solutions-19%-1%
705thPremiere Eastern Energy-41%0%
706 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$36k Bought
$21.4m Bought
$4k Bought
Total value as at the date of the transaction
Source: Morningstar


14th↓Premiere Eastern Energy$457.5m
16th↓United Overseas Australia$425.5m
17th↑Tox Free Solutions$394.9m
18th↓Macmahon Holdings$358.3m
226 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from United Overseas Australia

20thChong Soon Kong$2.025m
21stPak L Kong$2.024m
1226thAlan Winduss$63k
Ranked by total remuneration from all listed WA companies

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