Penang CM says Lee Kah Choon replaced as PDC director a day prior to Umech Land exchange deal
Lee has also resigned as the Penang CM's special investment adviser on Oct 2, Chow said, with a one-month notice given.
Sunway ceases to be substantial shareholder of IJM
Sunway said its wholly-owned subsidiary Fortuna Gembira Enterpris Sdn Bhd ceased to be a substantial shareholder of IJM after selling 2.
Strong performance from business segments lifts Sunway’s 1Q earnings by 140% to RM140 mil
KUALA LUMPUR (May 27): Sunway Bhd’s first quarter net profit ended March 31, 2022 (1QFY22) soared 140% to RM140.
Sunway and MKH to launch Jernih Residence in Kajang
Set to be soft-launched in May, Jernih Residence @ Kajang in Selangor is a joint development between Sunway Bhd and MKH Bhd.
SunCon bags two jobs from Sunway, boosting total projects this year to RM2b
KUALA LUMPUR (Sept 30): Sunway Construction Group Bhd’s (SunCon) unit Sunway Construction Sdn Bhd (SCSB) has been awarded two projects from indirect subsidiaries of its major shareholder Sunway Bhd, it announced in a bourse filing today.
Most property developers flag possible sales target revision — HLIB
KUALA LUMPUR (July 13): Hong Leong Investment Bank Bhd (HLIB) said today most real estate developers under its coverage had notified the research firm of the likelihood of a property sales target revision in the near term as they contend with the impact of the Covid-19 pandemic-driven movement control order (MCO) in Malaysia.
Sunway 4Q net profit up 11.4% on lower expenses
KUALA LUMPUR (Feb 28): Better cost management helped to boost Sunway Bhd’s earnings for the fourth financial quarter ended Dec 31, 2018 (4QFY18).
HLIB, Kenanga positive on Sunway's property disposal
KUALA LUMPUR (Dec 26): Sunway Bhd's disposal of academic buildings for RM550 million to Sunway Real Estate Investment Trust (Sunway REIT) is seen as positive by analysts who have raised their target prices on Sunway.
Sunway, NEC sign MoU to develop smart city solutions in Sunway Iskandar
KUALA LUMPUR (Sept 25): Sunway Iskandar and NEC Asia Pacific Pte Ltd have signed a memorandum of understanding (MoU) to explore a collaboration which aims to augment safety and security for the 1,800-acre Sunway Iskandar township in Johor.
