News about Sunway

PETALING JAYA (Sept 30): Sunway Bhd's Sunway Hospitality has announced that it will be launching its RM160 million Sunway Hotel Big Box in phases starting from Oct 1, following Johor’s transition to Phase 2 of the National Recovery Plan as well as in preparation of welcoming domestic tourists after the expected reopening of interstate travel.

SINGAPORE (Sept 12): A joint venture between Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd have emerged as the buyer of Flynn Park, a condominium on Yew Siang Road, located in the Pasir Panjang area.

KUALA LUMPUR (Aug 19): Sunway Construction Group Bhd's (SunCon) net profit more than trebled to RM8.

KUALA LUMPUR (Aug 12): 32% of the individuals aged between 18 and 30 years are either unsure or have no intention to get vaccinated, according to an IPSOS Malaysia study which was jointly undertaken with Monash University Malaysia, Sunway University and University Sains Malaysia.

KUALA LUMPUR (Aug 2): Sunway Malls announced today that it is facilitating up to RM200 million in working capital to assist its retailers through financing facilities provided by RHB Banking Group and Credit Guarantee Corporation Malaysia Bhd (CGC).

PETALING JAYA (July 7): Sunway Property revised property sales target to RM2.

KUALA LUMPUR (June 24): Sunway Real Estate Investment Trust’s (Sunway REIT) SunREIT Unrated Bond Bhd (SUB) has mandated OCBC Bank (Malaysia) Bhd as the sustainability structuring coordinator of an unrated medium-term notes programme of up to RM10 billion in nominal value.

KUALA LUMPUR (June 23): Singapore's sovereign wealth fund GIC Pte Ltd is acquiring a 16% stake in Sunway Healthcare Holdings Sdn Bhd (SHH) for RM750 million, confirming The Edge Malaysia's newsbreak over the weekend on GIC acquiring a strategic stake in the healthcare arm of the Sunway group.

KUALA LUMPUR (June 21): Sunway Healthcare group’s flagship hospital Sunway Medical Centre has been appointed as Healthcare Organiser (HCO) by ProtectHealth Corp Sdn Bhd to perform clinical management and public vaccinations at Sunway Pyramid Convention Centre (SPCC).

KUALA LUMPUR (June 11): AmInvestment Bank Research has cut its fair value (FV) for Pavilion Real Estate Investment Trust (REIT) and IGB REIT, while increasing its FV for Sunway REIT.