KUALA LUMPUR: Kenanga research has upgraded Sunway Construction Group Bhd to outperform following the decline in its share price and on the back of news that the group has secured a highway job in India valued at about RM500mil.
The contract represents the group's first win in 2020 and puts it on track to meet its full-year order-book replenishment target of RM2bil, while boosting its outstanding order book to RM5.7bil.
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