Sunsuria shares up 16% in active trade
According to its 2022 annual report, as at Dec 30, 2022, executive chairman Tan Sri Ter Leong Yap is the largest shareholder of the company with a direct interest of 168.
Sunsuria appoints Tan Wee Bee as new group CEO
According to Ter, Tan has proven leadership and exceptional execution skills, with a deep understanding of market dynamics, which will prove invaluable to Sunsuria in fortifying and expanding its position as a market leader both in Malaysia and the broader region.
Sunsuria buys 80% in Mayer Land to take part in two Rumah Selangorku projects and a mixed development in Penang
The group’s wholly-owned subsidiary Sunsuria Symphony Sdn Bhd (SSSB) will be acquiring MLSB’s shares through internally-generated funds from Ong Thuan Bok and Kho Weng Kooi — 640,000 shares (64%) from Ong and 160,000 shares (16%) from Kho.
Sunsuria explores EV venture with China’s IAT Automobile
The two parties have formed a joint venture company Sunsuria IAT (M) Sdn Bhd, which is 51%-owned by Sunsuria, while the IAT holds the remaining 49%.
Sunsuria launches Sunsuria Care to provide medical support to its community
Sunsuria Care Hub, which is open daily, is managed by a doctor, assisted by two trained nurses, to facilitate the township’s residents in obtaining basic health advice services, either face-to-face or via a phone call, and WhatsApp.
Sunsuria Forum to host Colony co-working space
The “highly anticipated luxury co-working and event space’s modern and trendy interior” will be “designed, built and managed by Colony with Sunsuria overseeing as a stakeholder”.
UEM Sunrise to dispose of 1,776.6 acres of land in Perak to Sunsuria for RM75.52 mil
In a bourse filing on Friday (Dec 2), the property developer said the group’s indirect wholly-owned subsidiary, Symphony Hills Sdn Bhd, entered into three sale and purchase agreements with Sunsuria’s 65%-owned subsidiary, Tapah Land Development Sdn Bhd, for the disposals.
Sunsuria subsidiary acquires 1,776.63 acres of land in Perak
The 17 lots of land are located in Mukim Batang Padang and Mukim Bidor.
Sunsuria sees revenue increase of 4% year-on-year to RM99.9 million for 4QFY2022
The improved revenue performance was mainly contributed by Monet Garden at Sunsuria City township as well as from the group’s on-going projects; Sunsuria Forum (Phase 2), an integrated residential and commercial development at Setia Alam; Tangerine Suites at Sunsuria City township, and Bangsar Hill Park (Block A, D, and E).
Sunsuria 3Q earnings up 17% as property sales momentum rises
The real estate developer, which is 60%-owned by businessman Tan Sri Ter Leong Yap, reported that revenue almost doubled to RM122.
