SUNWAY CONSTRUCTION GROUP BERHAD

KLSE (MYR): SUNCON (5263)

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Last Price

4.46

Today's Change

0.00 (0.00%)

Day's Change

4.43 - 4.47

Trading Volume

191,300


7 people like this.

2,188 comment(s). Last comment by Bowmann 1 day ago

ksng0307

1,038 posts

Posted by ksng0307 > 2019-07-25 14:37 | Report Abuse

Minimum 2.33

Willbegood

110 posts

Posted by Willbegood > 2019-10-04 10:43 | Report Abuse

RUN!

Darreng

5 posts

Posted by Darreng > 2019-10-18 17:33 | Report Abuse

What happened to SUNCON???

Okwei0126

57 posts

Posted by Okwei0126 > 2019-10-18 19:10 | Report Abuse

what happen

yoyo

502 posts

Posted by yoyo > 2019-10-19 11:55 | Report Abuse

apa cerita?

flexibt

475 posts

Posted by flexibt > 2019-11-15 17:53 | Report Abuse

MATERIAL LITIGATION SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") - LEGAL PROCEEDINGS INSTITUTED BY PNSB ACMAR SDN BHD AGAINST PRASARANA MALAYSIA BERHAD AND SUNWAY CONSTRUCTION SDN BHD
SUNWAY CONSTRUCTION GROUP BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON")
- LEGAL PROCEEDINGS INSTITUTED BY PNSB ACMAR SDN BHD AGAINST PRASARANA MALAYSIA BERHAD AND SUNWAY CONSTRUCTION SDN BHD
We wish to announce that PNSB Acmar Sdn Bhd (“Plaintiff”) has on 14 November 2019 served a Writ of Summon and a Statement of Claim both dated 8 November 2019 on Prasarana Malaysia Berhad (“Prasarana”) (1st Defendant) and Sunway Construction Sdn Bhd (“SCSB”) (2nd Defendant), a wholly-owned subsidiary of SunCon.

The Plaintiff is claiming that all the construction works in relation to the project known as “Construction and Completion of Light Rail Transit Line 3 (LRT3) from Bandar Utama to Johan Setia” (“Project”) and the structures such as the Project’s poles, bars, and LRT stations had trespassed and/or encroached into the Plaintiff’s own development project area and has resulted in losses and damages towards the Plaintiff.

Prasarana is the owner of the Project and SCSB is the awarded Works Package Contractor for the contract known as “Contract No. Prasarana/GSC/CTT/2.06080/2017: Construction and Completion of Guideway, Stations Iconic Bridge, Park and Rides, Ancillary Buildings and other Associated Works for Package GS07-08 for Light Rail Transit 3 (LRT3) from Bandar Utama to Johan Setia” in relation to the Project.

The Plaintiff is claiming, amongst other, for the following:-

Special damages of RM711,367,434.46 and/or to be determined by the Senior Assistant Registrar or Deputy Registrar of the High Court of Malaya;
The costs between the solicitor and client amounts to RM400,000.00 or cost to be determined by the Honourable Court;
Interest rate of 5% per year from the date of trespass i.e. 30 April 2018 until the date of filing of the writ and from the date of the Honourable Court’s order until the full settlement; and
Court’s declarations, injunctions, orders and other reliefs that the Honourable Court deems fit and proper.
SunCon is currently seeking the professional advice of its solicitors on the matter and will make further announcement on the developments in due course.

This announcement is dated 15 November 2019.

93126668

91 posts

Posted by 93126668 > 2019-12-04 12:40 | Report Abuse

Wah so big issue with LRT 3

Darreng

5 posts

Posted by Darreng > 2020-02-13 16:55 | Report Abuse

Why up today?

ming

2,091 posts

Posted by ming > 2020-02-20 20:07 | Report Abuse

Finally saw contribution from lrt3

happylucy

198 posts

Posted by happylucy > 2020-03-03 17:42 | Report Abuse

morning buy, afternoon sell, earn kfc lo

Posted by malaysiakuku > 2020-03-05 10:01 | Report Abuse

dividen punya pasal....mesti beli untuk top up ye...terus maju ke hadapan Suncon!!

Posted by dayang_suri > 2020-03-05 10:10 | Report Abuse

same same...accumulate every then and now...

Posted by michael_jackson > 2020-03-05 12:35 | Report Abuse

uptrend in progress...high prospect for suncon...

happylucy

198 posts

Posted by happylucy > 2020-03-09 17:20 | Report Abuse

happy

Posted by malaysiakuku > 2020-03-13 09:38 | Report Abuse

sangat gembira, at last dapat saham suncon...drop lagi, ..please...

prince4

1,459 posts

Posted by prince4 > 2020-03-13 09:49 | Report Abuse

Covid-19 make economy slown down fundamental company will metamorphism and company with high debt will the time to collapse.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold.
market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom.
High debt company cannot hold ,high prices stock cannot hold , market never sleep money never sleep just buy bottom low prices with cash rich company . This is a opportunity markets smarts money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..

lambsauce

332 posts

Posted by lambsauce > 2020-03-16 18:11 | Report Abuse

govt just ensured ecrl to proceed, hold tight, contracts will be announced very soon

Posted by michael_jackson > 2020-03-17 09:06 | Report Abuse

collect more before the durian runtuh stop dropping......dividend payment next month....

happylucy

198 posts

Posted by happylucy > 2020-03-17 15:46 | Report Abuse

happy

happylucy

198 posts

Posted by happylucy > 2020-03-18 13:31 | Report Abuse

happy

happylucy

198 posts

Posted by happylucy > 2020-03-18 16:52 | Report Abuse

happy

happylucy

198 posts

Posted by happylucy > 2020-03-18 16:53 | Report Abuse

happy kena sun - con

happylucy

198 posts

Posted by happylucy > 2020-03-19 10:34 | Report Abuse

kena sun - con

Posted by malaysiakuku > 2020-03-19 11:40 | Report Abuse

malaysia kena perintah kawalan pergerakan...jadi semua aktiviti terpaksa digantung....ekonomi pasti merosot lepas ini..

Posted by dayang_suri > 2020-03-19 12:22 | Report Abuse

drop for sure....since all activities are stopped or suspended due to covid-19.

happylucy

198 posts

Posted by happylucy > 2020-03-19 13:52 | Report Abuse

The Association of Stockbroking Companies of Malaysia (ASCM) had on Thursday called for the suspension ely in line with the recent Movement Control Order declared by Prime Minister Tan Sri Muhyiddin Yassin.

Those who want sell fast sell. If suspended all the money will be locked in the bursa until further notice. Maybe months maybe years... Nobody knows

happylucy

198 posts

Posted by happylucy > 2020-03-20 11:46 | Report Abuse

hmmm

Posted by dayang_suri > 2020-03-23 11:43 | Report Abuse

there will be no suspended...the bursa market will operate as usual.....https://www.thestar.com.my/business/business-news/2020/03/19/ascm-denies-calling-for-trading-on-bursa-malaysia-to-be-suspended

happylucy

198 posts

Posted by happylucy > 2020-03-23 12:49 | Report Abuse

happy

Posted by malaysiakuku > 2020-03-24 09:48 | Report Abuse

tidak akif sebab kena perintah kawalan pergerakan....maksudnya semua activiti pembinaan tergendala buat seketika. aku tak dapat buat kerja kat tapak pembinaan.... haha..

happylucy

198 posts

Posted by happylucy > 2020-03-24 14:02 | Report Abuse

happy

Posted by dayang_suri > 2020-04-02 10:46 | Report Abuse

dividend payment on 8 april....thanks suncon...

Posted by michael_jackson > 2020-04-08 11:57 | Report Abuse

dayang_suri, you receive your dividend already?

Posted by dayang_suri > 2020-04-08 17:15 | Report Abuse

ya....received already...

Posted by michael_jackson > Apr 8, 2020 11:57 AM | Report Abuse

dayang_suri, you receive your dividend already?

Posted by malaysiakuku > 2020-04-08 17:24 | Report Abuse

kipid up, suncon....hebat!!!

dlau8899

915 posts

Posted by dlau8899 > 2020-04-09 14:02 | Report Abuse

Going up to 1.80 as soon. Good dividend stock almost rm70 per year

Posted by malaysiakuku > 2020-04-15 15:00 | Report Abuse

wow...dah naik....dalam sekelip mata....tak sangka begitu cepat....

mf

29,360 posts

Posted by mf > 2020-05-01 18:32 | Report Abuse

Dow futures fall more than 400 points after Wall Street wraps up best month in three decades

mf

29,360 posts

Posted by mf > 2020-05-10 15:55 | Report Abuse

:sunglasses: #ACL curlers :sunglasses:
https://www.the-afc.com/competitions/afc-champions-league/latest/news/5-of-the-best-curlers

mf

29,360 posts

Posted by mf > 2020-05-14 16:27 | Report Abuse

Glove makers rally enters fourth day, share prices rise to new highs

http://www.theedgemarkets.com/article/glove-makers-rally-enters-fourth-day-share-prices-rise-new-highs

vinc3nt

407 posts

Posted by vinc3nt > 2020-05-21 17:57 | Report Abuse

no wonder rebound

Posted by ProsperousRealm > 2020-06-23 13:53 | Report Abuse

walaweyh

Posted by ProsperousRealm > 2020-06-23 13:53 | Report Abuse

zero volume kah

Posted by ProsperousRealm > 2020-06-23 13:54 | Report Abuse

why like this one

Posted by ProsperousRealm > 2020-06-23 13:54 | Report Abuse

really weird man

Posted by ProsperousRealm > 2020-06-23 13:55 | Report Abuse

crikey

James Ng

2,707 posts

Posted by James Ng > 2020-06-30 09:40 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-06-30-story-h1509655665.jsp
[转贴] [SUNWAY CONSTRUCTION GROUP BHD:收入较低是由于从2020年3月18日至2020年6月9日生效的为期2个多月的行动控制命令(MCO)的影响] - James的股票投资James Share Investing

wils78

10 posts

Posted by wils78 > 2020-08-19 17:34 | Report Abuse

Fresh news just in. MRCBGK renegotiated with Sunway Construction LRT3 GS07 & GS08 in a whopping cost reduction from 2.3b to 1.2b. Hats of to MRCBGK's team for pulling this off. Credit also to Suncon for cooperating with the renegotiation process. May these 2 counters prosper.

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