Kenanga upgrades SunCon to 'outperform'

KUALA LUMPUR: Despite weak earnings in the first half of this year, investors could look forward to improved prospects for Sunway Construction Bhd on the anticipation of mega-projects in 2021, says Kenanga research.

In a note, the research house said it expects a sector rerating once the government pivots its focus onto construction to lead the economic recovery.