5211PA SUNWAY-PA
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SUNWAY-PA News
Sunway Unit to Buy Shares in Iskandar Assets, Sunway Iskandar Development
Sunway (KLSE:SUNWAY) unit Sunway City signed share transactions deal with Iskandar Assets and Sunway Iskandar Development, according to a Monday bourse filing. Under the deal, Sunway City will buy 770
MY Morning Wrap | RHB Keeps "Overweight" on Construction Sector on Status Quo After State Polls
Stocks to watch: Malayan Banking, Maxis, Sime Darby, Sunway
Iris Corp, Sime Darby, Maxis, Berjaya Food, KLCC Stapled Group, Sunway and Astro Malaysia
Here is a brief recap of some corporate announcements that made news on Monday (Aug 14) involving Iris Corp Bhd, Sime Darby Bhd, Maxis Bhd, Berjaya Food Bhd, KLCC Stapled Group Bhd, Sunway Bhd and Astro Malaysia Holdings Bhd
Sunway to Acquire Sunway Iskandar for RM85m to Develop Sunway City Iskandar Puteri
Sunway Bhd's wholly-owned unit Sunway City Sdn Bhd (SunCity) is acquiring Sunway Iskandar Development Sdn Bhd (SIDSB) from Iskandar Assets Sdn Bhd (IASB) for some RM85 million by way of purchasing shares and subscription of preference shares of SIDSB. According to the property developer group's filing on Monday (Aug 14), SunCity under a share transactions agreement (STA), has proposed to acquire 40% stake or 770,450 SIDSB shares for RM770,450 and subscribe for 84.23 million non-convertible non-cumulative redeemable preference shares (NCRPS) in SIDSB for RM84.23 million.
SUNWAY'S UNIT INKS SHARE TRANSACTIONS AGREEMENT WITH IASB AND SIDSB
Sunway International to Widen Loss in H1
Sunway International Holdings (HKG:0058) expects its loss for the six months ended June 30 to rise by at least HK$10 million from a year ago, according to a Friday filing. The ready-mixed concrete man
RHB Research Keeps 'buy' Call on Sunway Construction, Sets Higher Target Price
RHB Research has maintained its "buy" call on Sunway Construction Group Bhd (SCGB) with a higher target price of RM2.08 from RM2.05, implying an 18% upside with a 4% FY2023 yield.
Sunway Construction Group's 2Q Core Earnings May Rise on Quarter -- Market Talk
0428 GMT - Sunway Construction Group's 2Q core earnings may rise on quarter to MYR30 million-MYR40 million from MYR26 million in 1Q, driven by a ramp-up in the progress of projects, RHB IB analyst Ada
Sunway Construction Target Price Raised to MYR2.08 From MYR2.05 by RHB IB >5263.KU
Sunway Construction Target Price Raised to MYR2.08 From MYR2.05 by RHB IB >5263.KU
Sunway Property Records RM1b Bookings From Signature Series 2023 Campaign
Sunway Property, a property division of Sunway Bhd, announced that it had received RM1 billion in bookings from its Signature Series 2023 campaign on Monday (Aug 7). This campaign was also held last year, and received RM800 million bookings.
Declining Stock and Decent Financials: Is The Market Wrong About Shenzhen Sunway Communication Co., Ltd. (SZSE:300136)?
With its stock down 4.9% over the past month, it is easy to disregard Shenzhen Sunway Communication (SZSE:300136). However, stock prices are usually driven by a company's financials over the long te
Market Chatter: Sunway Unit Buys Land in Malaysia for MYR115 Million
Sunway's (KLSE:SUNWAY) indirect unit, Sunway Rawang City, purchased a 245-acre parcel of prime freehold land at Rawang in Selangor, Malaysia, for 115 million ringgit, The Star reported Wednesday, citi
Analysts Upbeat on Sunway's RM115m Rawang Industrial Land Buy
Analysts are upbeat on Sunway Bhd's purchase of a 245-acre (99.15-hectare) freehold industrial land in Kuang, Rawang for RM115 million. In a note, Hong Leong Investment Bank (HLIB) Research analyst Tan Kai Shuen said he is in positive view of the acquisition given its strategic location and good connectivity to the Kuala Lumpur International Airport (KLIA) and Port Klang.
Sunway Bhd.'s Proposed Land Deal in Selangor Looks Positive -- Market Talk
0121 GMT - Sunway Bhd.'s proposed acquisition of 245 acres of land for MYR115 million in the Malaysian state of Selangor looks attractively priced, Maybank IB analyst Wong Wei Sum says in a note. The
MY Morning Wrap | Infineon's RM25bil in Investment in Kedah A Sign of Confidence in Madani Govt
Stocks to watch: Telekom Malaysia, QL Resources, Fraser & Neave, Sunway.
Sunway Property Acquires 245-acre Freehold Industrial Land for RM115 Mil
Sunway Bhd's property arm, Sunway Property, announced that its wholly-owned subsidiary — Sunway Rawang City Sdn Bhd — acquired a 245-acre land in Kuang, Rawang for a cash consideration of RM115 million.
SUNWAY PROPERTY UNIT BUYS LAND IN RAWANG FOR RM115 MLN
Analysts See Upside in Healthcare Stocks in Second Half
The rising influx of domestic and international patients in Malaysia may well be a precursor to corresponding excitement about healthcare stocks on Bursa Malaysia in the second half, if analysts are proven correct about their bullish stance on the sector. "The healthcare sector looks at...
There Are Reasons To Feel Uneasy About Shenzhen Sunway Communication's (SZSE:300136) Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE)
Brokers Digest: Local Equities - Banks, Aurelius Technologies Bhd, Sunway Construction Group Bhd, SLP Resources Bhd
Banks Overweight CGS-CIMB RESEARCH (JULY 3): We are positive on the recovery in the banking industry's loan growth in May following the moderation in the preceding two m...
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