Sunway Construction unit bags RM100m construction job

PETALING JAYA: Sunway Construction Group Bhd (SunCon) has bagged a construction job worth RM100 million in respect of the main building works for the proposed development in Jalan Peel, Jalan Shelley and Jalan Cheras, Kuala Lumpur.

The group said in the stock exchange filing that its unit Sunway Construction Sdn Bhd received the letter of award from SA Architects Sdn Bhd on behalf of Sunway Integrated Properties Sdn Bhd, which is SunCon’s major shareholder.

The proposed development comprises three floors of commercial area, eight floors of office area, 11 floors of serviced apartments, pedestrian decks and four floors of basement carpark.

The 29 months project is expected to be completed by April 30, 2021.

SunCon expects the project to contribute positively to its earnings from the financial year ending Dec 31, 2019 onwards.

Upon securing the project, the group’s new order book secured to-date amounts to RM1.5 billion.

Source: TheSunDaily