Sunway to leverage SEZ, healthcare for growth catalysts

Quick Summary:

PETALING JAYA: Sunway Bhd is planning to spur the development of the 716.3-ha Sunway City Iskandar Puteri (SCIP) township located in the Johor-Singapore Special Economic Zone (SEZ) as the company leverages on SCIP as one of the nine flagship zones of the SEZ.

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CGS International Securities, which has maintained an “add” call on Sunway’s stock with a target price of RM5.70 for the shares, expects the company to plan more residential property launches in phases for SCIP to cater for growing demand as the SEZ develops.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: /Business/Business News Sunway City Iskandar Puteri Analyst Reports JZ-SEZ CGSI Property

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 11:38:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 10 lines

Sentence Length: 48 words per sentence (average)

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Copyright Owner: © The Star

News ID: 25168252

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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