Sunway Construction Group said to be worth RM1.65bil

Experienced track record: A flyover located at Balakong, along the Silk Highway. The structure was built by Sunway Construction. - Filepic

PETALING JAYA: Analysts are estimating that Sunway Construction Group (SCG) is worth between RM1.4bil and RM1.65bil following the announcement of its proposed listing on the Main Market of Bursa Malaysia in the second quarter of 2015.

Sunway Bhd announced last Friday that its entire construction division, Sunway Construction Sdn Bhd (SunCon), will be injected into SCG, a newly formed holding company.