Sunway Construction bags RM180m contract

Sunway Construction Group Bhd’s (SunCon) subsidiary Sunway Construction Sdn Bhd has bagged a RM180 million contract from Alliance Parade Sdn Bhd for the proposed development of Sunway Medical Centre Phase 1 in Penang.

Alliance Parade is an indirect wholly-owned subsidiary of Sunway Bhd which is a major shareholder of SunCon. SunCon told Bursa Malaysia yesterday its outstanding order book to-date amounts to RM6.3 billion.

The project shall commence on May 15 and is expected to be completed by Dec 15, 2020.