News about Sunway

KUALA LUMPUR (Oct 13): Sunway Real Estate Investment Trust (SunREIT) said its trustee RHB Trustees Bhd has subscribed to its substantial unitholder Sunway Bhd's one-month commercial paper that carries a nominal value of RM60 million.

KUALA LUMPUR (Oct 13): Sunway Construction Group Bhd (SunCon) has bagged two contracts worth a combined RM140 million, bringing its outstanding order book to RM6.

Sunway Bhd (Oct 11, RM1.

KUALA LUMPUR (Oct 11): Affordability, good connectivity and well-designed mixed-use developments will be Kuala Lumpur’s trump cards as it strives to become one of the leading technology districts in the region.

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 (Oct 11): Sunway Bhd’s subsidiary, Sunway Lagoon Sdn Bhd (SLSB), has proposed to raise its stake in property developer Sunway South Quay Sdn Bhd (SSQ) to 80% from 60%.

Sunway Construction Group Bhd (Oct 6, RM2.

The tabling of the annual national budget always creates a sense of anticipation, especially amidst a lacklustre economic atmosphere, because therein hangs the hope for a financial plan that can provide the much-needed impetus to push the economy forward.

PETALING JAYA (Oct 6): As Malaysian consumers become increasingly concerned about the sustainability features of a product, developers should implement them into their projects to achieve greater success, said VERITAS Design Group president and founding director David Mizan Hashim.

PETALING JAYA (Oct 6): There is a risk of a housing bubble if two key issues are unattended – namely the property glut in the higher-end segment and rising home prices, said Minister of Finance II Datuk Seri Johari Abdul Ghani.