Tan Sri Jeffery Cheah is a good boss and believe his children are able to inherit the core values of integrity, humility and excellence to the whole group. Be patience.

https://www.klsescreener.com/v2/news/view/700647

Second quarter looks optimistic for Sunway group as they will have profit and earnings in international projects and also disposal gains for their sunway pinnacle.

https://www.klsescreener.com/v2/news/view/700281

Celcom Axiata + Sunway + Huawei

Retrieve from The Edge:
KUALA LUMPUR (April 24): Conglomerate Sunway Bhd is venturing into the financial technology (fintech) sphere with its acquisition of a 51% stake in credit reporting agency Credit Bureau Malaysia (CBM).

In a statement today, Sunway said its unit Sunway Holdings is buying the stake.

It said upon completion of the acquisition, Credit Guarantee Corporation Malaysia Berhad (CGC) and Sunway Holdings will be the two shareholders of CBM.

Sunway Bhd president Datuk Chew Chee Kin said the acquisition will enable it to advance its ambition of building a fintech ecosystem and securing a digital banking licence, in order to promote financial inclusion for Malaysians and small and medium enterprises (SMEs) aligned with the 10th United Nations Sustainable Development Goal of Reducing Inequalities.

Chew said the move is part of Sunway Group’s exercise to diversify into fintech.

He said with this collaboration with CGC and CBM, Sunway Group eyes opportunities to offer finance-related services to SMEs.

“SMEs are one of the most important catalysts of our economic growth and contribute almost 40% to the nation’s gross domestic product. We see considerable potential in this segment, particularly in finance-related services,” he said.

Chew said the strength and expertise of CBM in credit reporting and trade referencing will complement the existing finance-related services offered by Sunway Group, which includes money lending, hire purchase, factoring, cross-border remittance and others.

Meanwhile, CBM chairman Suresh Menon said the new partnership would help bolster CBM’s efforts to bring more value-added solutions to its clients and the market.

“With the collaboration, CBM and Sunway Group will soon be able to offer seamless end-to-end services from credit reporting right up to the various finance-related services to Malaysians and SMEs within the vast business ecosystem of CBM and Sunway Group,” he said.

At 11.15am, Sunway shares were flat at RM1.58, giving it a market capitalisation of RM7.79 billion.

Retrieve from Nanyang:
(吉隆坡24日讯）双威（SUNWAY，5211，主板工业股）独资的双威控股，收购大马信贷资料局（Credit Bureau Malaysia，简称CBM）51%股权，但没有交代收购价。

双威集团总裁拿督周志坚在文告中指，这项收购将推进双威打造金融科技生态系统，及争取数字银行执照的目标。

这符合双威多元化至金融科技领域的策略，并称将与大马信贷担保机构（CGC）合力，寻找提供金融相关的服务给中小企业的机会；大马信用担保公司持有余下49%股权。

周志坚说：“中小企业是我国经济增长最重要的催化剂，贡献接近40%的国内生产总值（GDP）。我们看到这个领域的巨大潜力，尤其金融相关服务。”

CBM在信用报告与参考方面的强项，将补全双威现有提供的金融相关服务。

另外，双方相信很快能能为客户推出，从信用报告到金融相关产品的一站式服务。