Quick take: SunCon shares gain on RM496.8mil contracts

KUALA LUMPUR: Sunway Construction Group Bhd’s (SunCon) shares rose over 3% in early trade Monday after the group secured contracts worth a total of RM496.8mil. 

The construction group gained 3.48%, or seven sen to RM2.08, its highest since May 2018. In the past one year, the counter has appreciated 20%. It is currently trading at a PE ratio of 18.56 times.