SunCon unit signs JV deal with HLBM

KUALA LUMPUR: Sunway Concrete Products (S) Pte Ltd (SCPS), an indirect wholly-owned unit of Sunway Construction Group Bhd (SunCon), has signed a joint-venture (JV) agreement with HL Building Materials Pte Ltd (HLBM), a subsidiary of Singapore Stock Exchange-listed, Hong Leong Asia Ltd.

In a filing with Bursa Malaysia, SunCon said, a JV company has been set up to tender for the lease of land in Singapore from Building and Construction Authority. — Bernama