Sunway buys out KFH stake in South Quay

Prestigious project: Comprising luxury lakeside bungalows, high-end condominiums, serviced apartments, boutique shops and office suites, Sunway South Quay was completed in 2012.

PETALING JAYA: Sunway Bhd has agreed to buy out Kuwait Finance House (M) Bhd’s (KFH) minority stake in its South Quay project after 11 years of collaboration.

In a filing with Bursa Malaysia, Sunway said it is acquiring KFH’s entire 20% stake in Sunway South Quay Sdn Bhd (SSQ) for RM136.65mil.