Sunsuria rises 5.75% on teaming with Hong Kong group to carry out construction job

KUALA LUMPUR (June 29): Sunsuria Bhd rose 5.75% in early trade today after the company teamed up with Hong Kong-based CITIC International Investment Ltd (CIIL) to carry out construction work and property development in Malaysia.

At 9.24am, Sunsuria rose 8 sen to RM1.47 with 1782,100 shares traded.

Sunsuria said in a filing yesterday that its wholly-owned subsidiary Sunsuria Builders Sdn Bhd (SBSB) signed an agreement with CIIL to establish a joint-venture company (JVCo) for the purpose. — theedgemarkets.com

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