SunCon to build Daiso’s GDC for RM595mil

The company said the project is expected to contribute positively to the earnings of SunCon group for the financial year ending Dec 31, 2023 onwards.

PETALING JAYA: 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 (M) 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.