Sunway Construction Group sets dividend policy of 35%

PETALING JAYA (June 29): Sunway Construction Group Bhd (SCG) has set a dividend policy of paying out 35% of its annual core profit once it has been listed to enable its shareholders “to participate in the group’s profit”, according to its prospectus of its initial public offer.

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Bina Puri wins RM738m worth of jobs this year

Bina Puri Holdings Bhd (June 26, 54 sen) Maintain buy with a new target price of 72 sen: Bina Puri has accepted a letter of award from Medini Development Sdn Bhd to undertake office building works in Medini, Iskandar Malaysia, for a contract sum of RM195 million, to be completed within a period of 29 months.

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Bina Puri wins RM195m job in Iskandar Malaysia

PETALING JAYA (June 25): Construction firm Bina Puri Holdings Bhd's subsidiary Bina Puri Sdn Bhd (BPSB) has been awarded a RM195 million contract to construct a 23-storey twin tower in Iskandar Malaysia’s Medini Central Business District.

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