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Wednesday, September 30, 2009

Sunway wins RM147m commercial project

SUNWAY Construction Sdn Bhd (SunCon), a wholly-owned subsidiary of Sunway, has won a RM147.36 million contract from Putrajaya Holdings Sdn Bhd to build a commercial project in Putrajaya.

Under the deal, SunCon will design, construct and complete a 16-storey three-star hotel and an 11-storey office tower on Plot PZ10, Parcel Z, Precinct 1, Putrajaya.

The proposed project is expected to commence on October 7 2009, with completion in three years.

It is expected to contribute positively to the earnings of the group for the financial year ending December 31 2010 onwards.

By Business Times

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