PETALING JAYA: Sunway Bhd
, via its indirect wholly owned subsidiary Sunway Developments Pte Ltd and Hoi Hup Realty Pte Ltd, has been awarded 2.35ha at Tampines Street 94, from the Housing and Development Board of Singapore for a 99-year lease-term mixed commercial and residential development at S$668.28mil.
In a filing with Bursa Malaysia, Sunway stated that a joint-venture company will be incorporated between Hoi Hup and SDPL to undertake the development, with each holding a stake of 65% and 35% respectively.
