SunCon secures RM595.4mil deal for Daiso's global distribution centre

RHB Research says the group’s jobs related to the sustainable energy segment make up about 7% (RM420mil) of its total order book.

KUALA LUMPUR: Sunway Construction Group Bhd (SunCon) has secured a letter of acceptance to jointly develop Daiso’s global distribution centre (GDC) warehouse in Port Klang, Selangor, for RM595.38mil.

In a filing with Bursa Malaysia, SunCon said a 50:50 joint venture comprising its wholly-owned subsidiary, Sunway Construction Sdn Bhd (SCSB) and Kajima (Malaysia) Sdn Bhd had signed a letter of acceptance issued by Daiso Malaysia Group Sdn Bhd in respect of the proposed design and construction of the GDC.