KUALA LUMPUR: Sunway Bhd
has secured a prime residential development site in Singapore after a joint venture involving its indirect wholly-owned subsidiary successfully won a government land tender worth S$750.57mil (about RM2.4bil).
In a filing with Bursa Malaysia, Sunway said the Urban Redevelopment Authority (URA) of Singapore had awarded the 11,516 sq m parcel of land at River Valley Green to SMCL Haven 3 Pte Ltd (SMCLH3) and CSC Land Group (Singapore) Pte Ltd following a successful joint tender.
