Monday, September 6, 2010

Sunway Holdings Berhad : A Fourth Property Project In Singapore - 06/09/2010

♦ A fourth property project in Singapore. Sunway and local partner Hoi
Hup Realty have won the bid for a piece of 99-year leasehold state land in
Singapore known as “S5b” located at Miltonia Close for S$165m (RM384m).
A 70:30 JV between Hoi Hup Realty/Hoi Hup JV Development and Sunway
has been set up to undertake the project, we understand, with a total GDV of
S$370m (RM861m).

Sunway Holdings Berhad : A Fourth Property Project In Singapore - 06/09/2010

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