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PETALING JAYA: The recent win by Sunway Bhd for the redevelopment of Flynn Park in Singapore ensures its continued presence in the Singapore property market.
KUALA LUMPUR: Sunway’s public-listed companies -- Sunway Bhd, Sunway REIT and Sunway Construction Group Bhd (SunCon) -- have recently bagged a total of six international awards, underscoring the group’s commitment to best practices in corporate governance and corporate reporting.
PETALING JAYA: Sunway Bhd, through its joint-venture vehicle with Singapore developer Hoi Hup Realty, has won a competitive bid for the en-bloc acquisition of Flynn Park, a condominium development in Singapore, with a bid of S$371mil (RM1.15bil).
KUALA LUMPUR: Sunway Bhd, through its joint-venture vehicle with Singapore developer Hoi Hup Realty, has won a competitive bid for the en-bloc acquisition of Flynn Park, a condominium development in Yew Siang Road, Singapore, with a bid of S$371 million (RM1.15 billion) last week.
PETALING JAYA: The property sector has reported improving business operations and construction progress, as the lockdown eases and vaccination rate among workers in the sector continue to rise.
ALTHOUGH the pandemic continues to pose challenges and create uncertainties, property developers have been able to maintain solid performances.
PETALING JAYA: Sunway Bhd has returned to the black, with a net profit of RM70.52mil for the second quarter ended June 30, 2021 (Q2’21), compared with a net loss of RM20.38mil in the corresponding quarter last year.
KUALA LUMPUR (Bernama) -- Sunway Bhd has returned to the black with a net profit of RM70.52 million for the second quarter (Q2) ended June 30, 2021, against a net loss of RM20.38 million in the same quarter last year.
KUALA LUMPUR: Sunway Bhd's long-term growth plans remain intact on expectation that the ongoing lockdown will have a less significant impact than that of the previous year, said RHB Research.