KUALA LUMPUR: CIMB Equities Research is upbeat on Sunway Bhd’s proposal to relist its construction arm and described it as a positive surprise.
It said on Monday while the listing exercise would further unlock value, the main appeal is the potential special cash dividend distributable to existing Sunway shareholders.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!