Sunway Hospitality Group appoints Alex Castaldi as CEO
Castaldi will also oversee Sunway Travel, which offers a wide range of services including corporate travel management, leisure travel packages, and tailored experiences.
Castaldi will also oversee Sunway Travel, which offers a wide range of services including corporate travel management, leisure travel packages, and tailored experiences.
The transit-oriented project, adjacent to the Bukit Chargar station under the Johor Bahru–Singapore Rapid Transit System (RTS), involves the development of four residential and commercial towers, Sunway said in an exchange filing.
This marks the highest DPU for Sunway REIT since it was listed on the Main Market in July 2010.
The property is 100% leased to supermarket chain operator AEON Co (M) Bhd (KL:AEON), whose lease will last another 13 years until Dec 3, 2037.
The Bursa Malaysia Construction Index, which tracks 50 stocks in the sector, was down to its lowest in more than three months.
In his new role, Chung will oversee Sunway Property’s overall division, managing both domestic and international operations.
The mall, now rebranded as Sunway Kluang Mall, is nearly fully occupied with over 130 tenants and anchored by Pacific Hypermarket & Department Store.
Datuk Mohd Anuar Taib has more than 30 years’ experience in the oil and gas industry, holding senior management positions in Petroliam Nasional Bhd (Petronas) and Shell Malaysia.
Cheah now holds a combined 54.
As part of the 1,350-acre ongoing Sunway City Ipoh township development, the RM120 million Sunway Bayu comprises 168 townhouses with built-ups ranging from 1,044 sq ft to 1,130 sq ft, and selling from RM620,000, according to the project’s official website.