SunCon wins RM721mil contract


KUALA LUMPUR: Sunway Construction Group Bhd’s (SunCon) unit has secured a contract worth RM720.99mil from Sunway Lost World Water Park Sdn Bhd, an indirect subsidiary of Sunway Bhd, in a related party transaction.

In a filings with Bursa Malaysia, SunCon said the job was for piling, earthworks, sub-structure and main building works for the proposed development of one commercial block containing a six-floor shopping complex, cinema, shops and carpark in Hulu Kinta, Perak.

The project is expected to commence on March 1, 2024, with scheduled completion on Jan 31, 2027.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
SunwayConstruction , ContractWin , Perak

Next In Business News

Trading ideas: NuEnergy, Nexgram, PLB Engineering, Sapura Industrial, Borneo Oil
PETRONAS seals LNG supply deal with CNOOC
SIB disposes of Seremban land for RM25mil
Utility contracts set to drive Steel Hawk earnings
Nexgram focuses on core operations
Perak Transit eyes growth from terminal expansion
Borneo Oil’s associate seeks Nasdaq listing
Nam Cheong nets US$20.5mil in vessel sale
Trive Property to bank on its rental income
Fruit and vegetable exports rebound

Others Also Read