Sunway’s Singapore job win an earnings booster

Kenanga Research said the incremental value to its revalued net asset value estimate was minimal, but it remained upbeat on Sunway’s successful bid for another development project in Singapore.(File pic shows Sunway's iconic lion at Sunway Pyramid)

PETALING JAYA: The recent win by Sunway Bhd for the redevelopment of Flynn Park in Singapore ensures its continued presence in the Singapore property market.

It will further enhance the earnings visibility of Sunway’s property developments in Singapore, said analysts.