SUNCON JV SECURES WARE­HOUSE JOB

The Sun (Malaysia) - - SUNBIZ -

PETALING JAYA: Sun­way Con­struc­tion Group Bhd’s (SunCon) joint ven­ture (JV) with Ja­pan-listed Taisen Corp has bagged a RM139.83 mil­lion con­tract for the con­struc­tion of a new ware­house in Shah Alam for Nip­pon Ex­press (Malaysia) Sdn Bhd. SunCon and Taisen own an equal stake in the un­in­cor­po­rated JV en­tity. SunCon told Bursa Malaysia the project is ex­pected to be com­pleted by third quar­ter of 2019. It is ex­pected to con­trib­ute pos­i­tively to the group’s earn­ings from the fi­nan­cial year end­ing Dec 31, 2018 on­wards.

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