Sunway Bhd has been on investors’ radars for its exposure to the property market down south as it is expected to benefit from the development of the Johor-Singapore Special Economic Zone (SEZ).
However, the group has fallen some 12% from its one-year high of RM5.10 on Nov 25, 2024 to trade at RM4.50 on March 20. The stock has lost about 5% of its value year-to-date.