Sunway eyes RM1.5bil in new construction projects


PETALING JAYA: Sunway Bhd is aiming to add at least RM1.5bil in new contruction projects by the end of the year, as the company drums up support ahead of Sunway Construction Bhd’s prospectus launch next Monday.

A Reuters report said the initial public offer (IPO) had an indicative price range of between RM1.15 and RM1.20 a share, valuing the IPO at RM498mil on the top end.

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