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SunCon unit secures RM352mil construction job

KUALA LUMPUR: Sunway Construction Group Bhd’s (SunCon) unit, Sunway Construction Sdn Bhd, has bagged construction works worth RM352.05mil from Akitek Akiprima Sdn Bhd on behalf of Sunway Velocity Two Sdn Bhd (SVTSB).

In a filing with Bursa Malaysia, SunCon said the job entailed works for the main building and associated external works for the proposed Sunway Velocity Two commercial development comprising serviced apartments, podium car park and office block at Jalan Peel, Kuala Lumpur.

Suncon wins RM352mil Sunway Velocity Two apartment contract

KUALA LUMPUR: Sunway Construction Group Bhd's (SunCon) unit, Sunway Construction Sdn Bhd (SCSB), has bagged construction works worth RM352.05mil from Akitek Akiprima Sdn Bhd on behalf of Sunway Velocity Two Sdn Bhd (SVTSB).

Stake sale ‘huge positive’ for Sapura Energy

PETALING JAYA: Sapura Energy Bhd’s move to sell a 50% stake in its oil and gas (O&G) exploration and production (E&P) arm to an Austrian giant has been well-received by analysts.

Leaner operations: Sapura Energy’s Sapura Diamante vessel. MIDF Research expects Sapura Energy’s forward earnings to improve further, in particular from savings in operating expenses.

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