| LATEST NEWS | A well-connected power grid could position ASEAN as a hub for clean-energy industries, technologies - PM Anwar | The financing ensures the vision of a fully interconnected ASEAN Power Grid by 2045 is not only technically possible but financially viable and inclusive - Anwar | PM Anwar commends ASEAN’s efforts and ability to attract major institutions and private sector participation to ensure the success of ASEAN Power Grid financing | PM calls on ASEAN member states to redouble efforts in accelerating interconnection projects, aligning regulatory frameworks | ASEAN Power Grid is backbone of regional cooperation that links sustainability, security and affordability in real terms - PM Anwar | |
KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia opened higher on Thursday as investors awaited Bank Negara Malaysia’s (BNM) interest rate decision, with most expecting policymakers to leave the overnight policy rate (OPR) unchanged at 2.75 per cent.
KUALA LUMPUR, Aug 20 (Bernama) -- Sunway Construction Group Bhd’s shares on Bursa Malaysia went up in the early session today after the company and its subsidiaries were spared from an ongoing anti-graft probe involving one of its employees.
KUALA LUMPUR, July 11 (Bernama) -- Malaysia’s construction sector is forecast to see a data centre (DC) award cycle in the second half of the year, driven by multiple contract decisions on tenders submitted in the first half of 2025 (1H 2025), according to Hong Leong Investment Bank Bhd (HLIB).
KUALA LUMPUR, June 10 (Bernama) -- Sunway Real Estate Investment Trust (Sunway REIT) announced the resignation of its chief executive officer (CEO), Clement Chen Kok Peng.
KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) wholly owned subsidiary, Sunway Construction Sdn Bhd, has won a RM260 million data centre project in Johor from K2 Strategic Infrastructure Malaysia Sdn Bhd.
KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the first quarter ended March 31, 2025 (1Q 2025) surged to RM75.71 million, up from RM32.40 million in the same period last year.
KUALA LUMPUR, April 7 (Bernama) -- The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.
KUALA LUMPUR, March 6 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) shares rose at the mid-morning trading session after the company secured a RM1.5 billion contract for construction works related to the Rapid Transit System Transport Orientated Development (RTS TOD) project in Bukit Chagar, Johor.
KUALA LUMPUR, March 5 (Bernama) -- Sunway Construction Group Bhd has secured a contract worth an estimated RM1.5 billion from Sunway Integrated Properties Sdn Bhd to undertake construction works related to Rapid Transit System Transport Oriented Development (RTS TOD) project in Bukit Chagar, Johor.
KUALA LUMPUR, Feb 27 (Bernama) -- Analysts have revised their earnings forecast for Sunway Bhd for the financial year 2025-2026 (FY2025-FY2026) upward, maintaining their ‘buy’ and ‘underperform’ calls on the company.
KUALA LUMPUR, Feb 20 (Bernama) -- Sunway Construction Group Bhd (SunCon) recorded a higher net profit of RM186.91 million for the financial year ended Dec 31, 2024 (FY2024), up from RM145.11 million a year ago.
KUALA LUMPUR, Jan 31 (Bernama) – Malaysia remains a key data centre (DC) hub due to its strategic location, abundant resources, cost advantages, and established infrastructure with industry feedback suggesting no major disruptions to upcoming projects, according to MIDF Amanah Investment Bank Bhd.
