Sunway’s Taman Taynton land buy a positive move

HLIB Research maintains its earnings estimates for Sunway.

PETALING JAYA: Analysts are bullish on Sunway Bhd’s new acquisition of a freehold land in Taman Taynton in Kuala Lumpur, due to its strategic location and attractive offerings.

The acquisition of the 17.58 acres of land is worth RM320mil and is expected to be completed by the second quarter of 2025.