KUALA LUMPUR (Jan 3): Sunway Construction Group Bhd (SunCon) has entered into a RM1.7 billion contract to provide general contractor services for a data centre construction project in Sedenak Tech Park (STeP), Johor. The construction firm’s wholly owned subsidiary Sunway Construction Sdn Bhd entered into the contract with Yellowwood Properties Sdn Bhd on Dec 31, 2022, according to SunCon’s filing on the same day. “The works are expected to be completed by the third quarter of 2024 (3Q2024),” SunCon said. “The total new projects secured by the group this year (2022) including the abovementioned works amounted to RM2.6 billion,” SunCon added. Shares in SunCon ended three sen or 1.92% higher at RM1.59, giving the construction group a market capitalisation of RM2.06 billion.
