Sunway Construction Group Bhd has won new contracts worth RM1.15 billion for shell-and-core projects from a US-based multinational technology company.
In a Bursa Malaysia filing, SunCon said its fully owned subsidiary, Sunway Construction Sdn Bhd, will start work immediately, with completion expected by May 2027. The client’s identity was not disclosed.
These latest wins raise SunCon’s total order book to RM6.9 billion, including RM1.2 billion secured in the first two months of 2026. The group aims to replenish RM6 billion in orders this year, following a record RM5.2 billion replenishment in 2025.
The new contracts come after a strong 2025 performance, with SunCon declaring a fourth interim dividend of nine sen per share, bringing the total payout to a record 50.5 sen. Full-year net profit jumped 93.6% to RM361.78 million from RM186.91 million the previous year, while revenue hit a milestone of RM5.34 billion.
The group credited growth to contributions from all segments, particularly accelerated progress in advanced-technology facilities projects.
Shares of SunCon closed 31 sen or 4.7% higher at RM6.90 on Wednesday, giving the company a market valuation of RM9.13 billion. The stock has risen over 21% year-to-date.
