Sunway REIT is expected to continue to balance its portfolio
Sunway Real Estate Investment Trust (April 26, RM1.
Sunway Real Estate Investment Trust (April 26, RM1.
Sunway Construction Group Bhd (April 19, RM2) Maintain hold with an unchanged target price (TP) of RM1.
KUALA LUMPUR (April 8): Sunway Real Estate Investment Trust (REIT)'s proposed RM10 billion perpetual note programme, which will increase the group's debt headroom without diluting earnings and distribution per unit (EPU and DPU), is a positive development, according to Hong Leong Investment Bank (HLIB) Research.
KUALA LUMPUR (April 2): Sunway Construction Group Bhd’s (SunCon) indirect unit Sunway Builders (Myanmar) Co Ltd (SBM) has inked a memorandum of understanding (MoU) with a Myanmar company Capital Construction Ltd (CCL) to jointly bid for major infrastructure and construction projects in Myanmar, marking SunCon’s first foray into the Southeast Asian country.
KUALA LUMPUR (March 22): Sunway Real Estate Investment Trust has proposed to establish a RM10 billion perpetual note programme for the financing of investment activities, refinancing of existing and future borrowings, and working capital.
KUALA LUMPUR (March 21): Sunway Construction Group Bhd announced yesterday that it has, via its subsidiaries, bagged two piling works contracts worth a combined value of RM86.
Sunway Real Estate Investment Trust (March 18, RM1.
KUALA LUMPUR (March 6): Sunway Construction Group Bhd’s unit Sunway Geotechnics (M) Sdn Bhd has launched a lawsuit against Ikhmas Jaya Group Bhd’s wholly-owned subsidiary Ikhmas Jaya Sdn Bhd, seeking RM8.
Sunway Bhd (March 1, RM1.
KUALA LUMPUR (Feb 28): Better cost management helped to boost Sunway Bhd’s earnings for the fourth financial quarter ended Dec 31, 2018 (4QFY18).