Sunway Group: Evolution and Key Milestones
> Founded in 1974 as Sungei Way Holdings.
> Renamed Sunway City Berhad in 1982; listed on Bursa Malaysia in 1984.
> Began developing Bandar Sunway in 1986, integrating education, healthcare, retail, and hospitality into a flagship township. Bandar Sunway has since become the benchmark integrated development model emulated across the industry.
Build-Own-Operate (BOO) Model
> Sunway’s ecosystem operates under a proven “Build-Own-Operate” framework:
> Sunway Construction Group Berhad – Builds
> Sunway REIT – Owns
> Sunway Berhad – Operates
Healthcare Division (Sunway Healthcare Holdings)
> Operates 5 hospitals with 1,662 licensed beds.
> Supported by ambulatory centres, fertility services, medical supplies, homecare, and senior living facilities.
> Target: 3,400 beds by 2030.
> IPO planned for 2026; Sunway Berhad holds 84% ownership.
> Lead advisors: AmBank and AmInvestment Bank.
Singapore Expansion
> Owns a Prefabricated Prefinished Volumetric
> Construction (PPVC) facility for public housing projects.
> Joint venture with Hong Leong Asia: Launched HL-Sunway Pre-fab Hub.
> Acquired MCL Land, significantly strengthening residential and commercial presence in Singapore.
Financial Highlights (2Q2025)
> Record core net profit: RM227.7 million
12% QoQ
31% YoY
> 1H2025 core net profit: RM431 million ( 24.3% YoY)
Net gearing improved to 0.39x (from 0.41x)