Analyst Research Report Snapshot

Title:

Flash Note – Sunway Bhd (BUY, maintain) - Secures RM452m BRT contract – Sunway Line

Price:

$23.00

Provider:

Affin Investment Bank

Date:

11 Mar 2013

Pages:

3

Type:

AcrobatPDF

Companies referenced:

SWAY.KL

Available for Immediate Download
Summary:

Sunway secured RM452m BRT job – Sunway Line. Sunway announced that its wholly-owned subsidiary, Sunway Construction Sdn Bhd had on 11 March 2013 accepted the letter of award worth RM452.2m from Syarikat Prasarana Negara Berhad for the design, construction, completion and commissioning of guideway & halts, depot, park and ride, and mechanization of oxidation pond of the Bus Rapid Transit (“BRT”) – Sunway Line. The proposed BRT - Sunway Line is targeted to be completed within 24 months from the date of award.

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