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).

In a filing to Bursa Malaysia today, 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.

SVTSB is an indirect subsidiary of Sunway Bhd, which in turn is a major shareholder of SunCon.

The project is for a period of 37 months from Nov 15, 2018, and is expected to be completed by Dec 14, 2021.

Source: TheStar