The Sunway Group’s entities comprise flagship Sunway Bhd, which is among the top-five largest property stocks on Bursa Malaysia with a market capitalisation of RM6.25bil as of Dec 31, 2016. In April last year, QL Resources announced its tie-up with Japan’s FamilyMart convenience store chain as part of a “long-term investment” to expand its food business amid regional economic integration. Established in 1987, QL Resources is the largest “surimi” fish-paste maker in Asia, producing 35,000 tonnes annually. The Chia family controls 42.07% of QL Resources through privately-held CBG Holdings Sdn Bhd, with Farsathy Holdings owning another 12.08%. QL Resources, via Ruby Technique Sdn Bhd, also has a 5.05% stake in property developer Sunsuria Bhd.
Source: The Star February 03, 2017 22:52 UTC