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Tuesday, January 13, 2015

Sunway to list its construction arm

Folks,

On Jan 6, Sunway lodged a draft prospectus to the Securities Commission Malaysia to list its construction arm – Sunway Construction Group Bhd.

Previously, Sunway Construction was taken private by its parent Sunway Bhd, so as to streamline its operations.

The listing is expected to raise US$200 million, although detail at this stage is still sketchy.

Please find the article that I have written and published by my newspaper:

Source: The Edge Financial Daily, Wednesday, Jan 7, 2015

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