KUALA LUMPUR (Feb 24): UOA Development Bhd's net profit for the fourth quarter ended Dec 31, 2020 (4QFY20) slumped 68.95% to RM34.96 million, from RM112.61 million a year ago, due to lower recognition from ongoing projects and a fair value loss from the revaluation of its investment properties. Its quarterly revenue also fell 14.5% to RM194.11 million, from RM227.02 million a year ago, its filing with Bursa Malaysia showed. The group has recommended a first and final single-tier dividend of 14 sen and a proposed special dividend of one sen for the financial year ended Dec 31, 2020 (FY20), utilising proceeds from the disposal of UOA Corporate Tower.