News about UN

The group's wholly-owned unit, Sunway Construction Sdn Bhd, received the letter of award from Gopeng Bhd's subsidiary GBS Suria Sdn Bhd, said SunCon in a bourse filing.

The first launch of 2023 was Casa Embun — the first high-rise residential project in Cybersouth, which is an integrated township development launched by MCT in 2015.

The banking facilities comprising Term Loan 1 amounted to RM7.

Paragon Union said the disposal provides an opportunity for the group to unlock and realise the value of the property, which it expects to record a net pro forma gain of RM11.

Ranjan Chandran, the lawyer for the 36 buyers who are seeking to be interveners to oppose the CVA, submitted on Wednesday (Jan 4) that the CVA was usually intended for ailing companies and not for abandoned developments.

Move “is part of the company’s succession plan and is in line with its growth strategy, after commemorating its 20th anniversary last year”.

DONE DEAL: Bungalow, Rimba Valley, Kota Damansara, Selangor DONE DEAL: Semi-detached, Bukit Bandaraya, Shah Alam, Selangor Jalan Kovil Hilir, Sentul, is an upcoming commercial area with new building projects coming up in the vicinity.

SunCon said that barring any unforeseen circumstances, the contract is expected to contribute positively to the group's earnings for the financial year ending Dec 31, 2023 onwards.

The proposal comes as the 10-year master lease agreement that commenced on Dec 31, 2012 is set to expire on Dec 30 this year.

The agreement sets out the framework for negotiations and discussions between the parties to establish the detailed terms and conditions about the contractor's performance in design, engineering, procurement, manufacture, supply, construction, erection, testing and commissioning of the electric generation facility.