Adapting to changing market needs
Standing tall in Bandar Sunway, Selangor, Menara Sunway has been a landmark in the township for more than two decades.
Standing tall in Bandar Sunway, Selangor, Menara Sunway has been a landmark in the township for more than two decades.
KUALA LUMPUR (March 21): Share prices of Malaysian Real Estate Investment Trusts (REITs) fell this morning amid a positive market breadth, as cautious investors trimmed positions in a rising interest rate environment.
KUALA LUMPUR (Feb 28): Sunway Construction Group Bhd’s (SunCon) unit has been appointed the project delivery partner for the expansion of a nine-storey commercial development to the existing Sunway Carnival Mall in Seberang Jaya, Penang.
Maintain outperform with a higher target price (TP) of RM1.
KUALA LUMPUR (Feb 7): Sunway Real Estate Investment Trust’s (REIT) net property income (NPI) grew 10% year-on-year (y-o-y) to RM103.
PETALING JAYA (Jan 9): Sunway Real Estate Investment Trust (Sunway REIT) is planning a minimum investment of RM100 million, with the bulk of this sum going towards building the second phase of its Sunway Carnival Shopping Mall in Seberang Jaya, on the mainland of Penang.
Sunway Bhd (Oct 11, RM1.
KUALA LUMPUR (Oct 11): Sunway Real Estate Investment Trust’s (Sunway REIT) proposed acquisition of Sunway Clio Property from Sunway Bhd for RM340 million is fair and reasonable, and not detrimental to the minority shareholders, says independent adviser AmInvestment Bank Bhd.
KUALA LUMPUR (Aug 30): Sunway Bhd’s net profit rose 28% to RM196.