Sunway Construction accepts RM265mil additional works under JHB1X0 project

KUALA LUMPUR: Sunway Construction Group Bhd’s (SunCon) wholly-owned subsidiary Sunway Construction Sdn Bhd (SCSB) today accepted RM265 million as additional tenant improvement works (TIWs) in respect of variation orders under a contract awarded by Yellowwood Properties Sdn Bhd.

Including the previous TIW accepted by SCSB last month, the total sum accepted to date is RM347 million, SunCon said.

The contract is a variation order under the general contractor services for Project JHB1X0 to carry out the works for a data centre located in Sedenak Tech Park (STeP) in Johor.

"With this award issued by Yellowwood under the contract, the total contract amount has now increased from the original contract amount of approximately RM3.2 billion to RM3.5 billion,” SunCon said in a filing with Bursa Malaysia today.

It said the completion date for the contract remains unchanged, with all phases of both the notice to proceed (NTP) works and TIWs scheduled for completion by February 2026.

"The award is expected to contribute positively to the revenue and earnings of the group for the financial year ending Dec 31, 2024 onwards,” SunCon added. - Bernama