【SUNCON 5263 交流专区】双威建筑

Tony-Pua

双威建筑第三季净利增11%
2017年11月21日
http://www.enanyang.my/news/20171121/双威建筑第三季净利增11/

（吉隆坡20日讯）建筑业务报捷，双威建筑（SUNCON，5263，主板建筑股）2017财年第三季，净利按年增长11%。

该公司向交易所报备，净利从去年同期3113万5000令吉，或每股2.41仙，提高至3458万6000令吉，或每股2.68仙。

该季营业额也从去年的3亿8105万4000令吉，年升29%至4亿9136万令吉。

双威建筑在财报中指出，由于建筑业务贡献提高，抵消了来自预制业务按年减少的影响；整体赚幅按年萎缩，也是归咎于预制业务收入减少。

在建筑业务，营业额按年增57%至4亿7170万令吉，税前盈利年升46%至4070万令吉，归功于捷运第一路线（MRT1）工程配套V201，和布城“Parcel F”项目进展顺利。不过，该业务赚幅却从的9.3%，下跌至今年的8.6%。

而预制业务营业额年跌76%至1960万令吉，税前净利暴挫81%至240万令吉；赚幅12.2%，比去年同期15.7%低。

首九月净利破亿

累计首九个月，该公司净利报1亿600万8000令吉或每股8.2仙，年升16%；营业额录得13亿2812万3000令吉，年增7.5%。

展望未来，董事经理钟树强在文告中指，有信心在基建项目发展扶持下，能够持续交出亮眼业绩。

5263    SUNCON    SUNWAY CONSTRUCTION GROUP BERHAD

Quarterly rpt on consolidated results for the financial period ended 30/09/2017

Quarter: 3rd Quarter Financial Year End: 31/12/2017 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/09/2017 30/09/2016 30/09/2017 30/09/2016 RM '000 RM '000 RM '000 RM '000 1 Revenue 491,360 381,054 1,328,123 1,235,695 2 Profit/Loss Before Tax 43,072 40,396 130,004 116,031 3 Profit/(loss) attributable to ordinary equity holders of the parent 34,586 31,135 106,008 91,455 4 Net Profit/Loss For The Period 34,478 31,280 105,822 91,645 5 Basic Earnings/Loss Per Shares (sen) 2.68 2.41 8.20 7.07 6 Dividend Per Share (sen) 3.00 0.00 3.00 6.50 As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 0.4200 0.3800

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双威建筑全年财测下修10.5%

2017年11月22日

分析：达证券
目标价：2.65令吉

最新进展：

建筑业务报捷，让双威建筑（SUNCON，5263，主板建筑股）在2017财年第三季，净利按年增长11%，至3459万令吉，或每股2.68仙。

该季营业额也从去年的3亿8105万令吉，年升29%至4亿9136万令吉。

由于建筑业务贡献提高，抵消了来自预制业务按年减少的影响；整体赚幅按年萎缩，也是归咎于预制业务收入减少。

累计首九个月，该公司净利报1亿601万令吉或每股8.2仙，年升16%；营业额录得13亿2812万令吉，年增7.5%。

行家建议：

双威建筑在首九个月的表现，低于我们预期，但符合其他投行预测。

因此，我们下调今年建筑和预制业务的营业额预测，分别减少2.7%和46.7%，也对部分项目赚幅预测做微调。

由此，我们下修2017财年净利预测10.5%。

双威建筑目前正竞标总值超过150亿令吉的土木和基建工程项目；年初至今共获37亿令吉新订单，目前手持订单达68亿令吉，能够为未来三至四年贡献盈利。

我们维持“买入”投资评级和2.65令吉目标价。



【e南洋】




业绩亮眼•68亿合约支撑‧双威建筑前景看俏

（吉隆坡21日讯）双威建筑（SUNCON,5263,主板建筑组）业绩亮眼，符合分析员预测，且手握68亿令吉合约，而建筑领域仍在扬升趋势，前景续看俏。

建筑领域处上升轨道

肯纳格研究表示，该公司首9个月核心盈利报1亿零200万令吉，相等于全年盈利预测的70%，表现符预期。

MIDF研究表示，该公司手握68亿令吉合约，相等于2018财政年营业额的3.1倍，可支撑未来36个月的业绩表现。

丰隆研究补充，开年至今，该公司共攫取了37亿令吉合约，比预定中的20亿令吉目标还要高出甚多。

丰隆青睐双威建筑，因该公司合约强劲，是管理与执行能力属于上乘的承包商，值得一提的是建筑领域正处于扬升期间。

大马投行也相当喜爱该公司，主要是手上合约可支撑未来2至3年的业绩表现、基建领域蓬勃发展，有望攫取更多合约，而该公司也涉足铁路发展，此外，该公司与众多大型公司皆有业务上往来。

该公司目前正在竞标的合约总值超过150亿令吉，主要类型以土木工程及基建为主。

每年可攫取20亿合约

大马投行认为，该公司今年攫取的合约甚多，预期2018及2019财政年将恢复正常，每年可攫取20亿令吉合约。

达证券将该公司的建筑与预制组件营业额假设分别下调2.7%及46.7%，因此将2017财政年的盈利预测下砍10.5%。

该行补充，按季对比，该公司净现金从3亿6419万减少至3亿2800万令吉，相等于每股25.4仙。

文章来源：
星洲日报／财经·文：谢汪潮·2017.11.21

icy97

Type	Announcement
Subject	OTHERS
Description	SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") - INCORPORATION OF SUBSIDIARY COMPANY
The Board of Directors of SunCon is pleased to announce that pursuant to Chapter 9, Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Sunway Construction Sdn Bhd (“SCSB”), a wholly-owned subsidiary of SunCon, has on 24 November 2017, incorporated a wholly-owned private limited company known as Sunway Innopave (S) Pte Ltd (“Sunway Innopave (S)"). Sunway Innopave (S) is a company incorporated in Singapore and has a paid-up share capital of SGD100.00 comprising 100 ordinary shares. Its intended principal activity is investment holdings. None of the directors or substantial shareholders of SunCon or persons connected with them has any interest, whether direct or indirect in the aforesaid incorporation. This announcement is dated 24 November 2017.

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怡保工程双威竞标隆新高铁

（吉隆坡4日讯）怡保工程（IJM，3336，主板建筑组）、双威建筑（SUNCON，5263，主板建筑组）、Jalinan Rejang和Maltimur Resources将组成财团，竞标隆新高铁项目。

该4家公司是继金务大（GAMUDA,5398,主板建筑组）与马资源（MRCB,1651,主板产业组）宣布联手后，表态组成财团竞标的公司。

根据文告，怡保工程和双威建筑等公司已签署协议，联手争取成为隆新高铁的计划交付伙伴（PDP），4家公司各占25%股权。

资料显示，Maltimur Resources及Jalinan Rejang是砂拉越北婆罗洲大道有限公司（Lebuhraya Borneo Utara）股东，分别持股55%和45%；砂拉越北婆罗洲大道有限公司是泛婆罗洲大道（Pan Borneo Highway）项目的计划交付伙伴。

文章来源：
星洲日报‧财经‧2017.12.05

Type	Announcement
Subject	OTHERS
Description	SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") - PRE-BID AGREEMENT BETWEEN IJM CONSTRUCTION SDN BHD, SUNWAY CONSTRUCTION SDN BHD, MALTIMUR RESOURCES SDN BHD AND JALINAN REJANG SDN BHD
The Board of Directors of SunCon is pleased to announce that Sunway Construction Sdn Bhd (“SCSB”), a wholly-owned subsidiary of SunCon, has on 29 November 2017 entered into a pre-bid agreement (“Agreement”) with IJM Construction Sdn Bhd, Maltimur Resources Sdn Bhd and Jalinan Rejang Sdn Bhd (collectively referred to as “Parties”) to work with each other on an exclusive basis to participate in the tender for the Project Delivery Partner for the project known as “Kuala Lumpur - Singapore High Speed Rail” (“Project”). The Parties have set up a consortium on a 25:25:25:25 basis known as IJM Construction Sdn Bhd - Jalinan Rejang Sdn Bhd - Maltimur Resources Sdn Bhd - Sunway Construction Sdn Bhd Consortium (“Consortium”) for the submission of the tender and to undertake the Project in the event the bid is successful. SunCon will make the necessary announcement to Bursa Malaysia Securities Berhad if the Consortium has successfully secured the Project. None of the directors or major shareholders of SunCon or persons connected with them has any interest, whether direct or indirect in the Agreement and/or Project. This announcement is dated 4 December 2017.

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双威建筑
今年可多赚45%

2018年1月18日

分析:马银行投行研究
目标价：2.63令吉

最新进展

双威建筑（SUNCON，5263，主板建筑股）在2017年成功拿下总值40亿令吉的新合约，现手持未完成订单创下历史新高68亿令吉。

股价也表现出色，由2017年初至今已涨52%。

另外，双威建筑在去年也宣布了与IJM（IJM，3336，主板建筑股）以及两家私人公司联手成立财团，一起竞标隆新高铁工程交付伙伴（PDP）合约。

行家建议

双威建筑放眼今年可在新增20亿令吉订单。我们预计新合约会源自于敦拉萨国际贸易中心（TRX）和双威（SUNWAY，5211，主板贸服股）旗下的产业发展项目。

我们保守估计，双威建筑可在今年拿下总值15亿令吉的新订单。另外，因去年公司拿下不少新合约，今年净利年增长可达45%。

双威建筑股价现处于2018财年15.9倍本益比的水平，因此我们相信估值尚算合理。

由于股价已触及我们的目标价2.63令吉，因此将投资评级由“买入”下修至“守住”。继续看好双威建筑，但我们在等候下一个催化剂的出现。



【e南洋】

icy97

双威建筑与新加坡上市公司联手标地
Emir Zainul/theedgemarkets.com
January 30, 2018 20:21 pm +08

（吉隆坡30日讯）双威建筑（Sunway Construction Group Bhd）与新加坡上市的丰隆亚洲有限公司（Hong Leong Asia Ltd）合作，联手竞标新加坡建设局（BCA）的一幅租赁地。

根据双威建筑今日向大马交易所的报备，如果得标，两家公司计划开发该地，用于制造和销售预制混凝土建筑构件。

双威建筑表示，联营计划将令集团长期受益，因将进一步提高生产力，并减少对外劳的依赖，以及深化在新加坡的地位。

该集团指出，独资子公司Sunway Concrete Products（新加坡）私人有限公司（SCPS）已与丰隆亚洲旗下的预制混凝土子公司HL Building Materials私人有限公司，就联营签署一项协议。

HL-Sunway JV私人有限公司的主要业务是制造和销售预制混凝土构件。SCPS将持有联营公司的49%股权，而HL Building Materials持余下的51%。

双威建筑称，联营公司将提交标书，进行和完成投标。

“如果得标，联营公司将与BCA签订租赁协议和建筑协议。之后，联营公司将开发并占用该地，用作HL Building Materials和SCPS的相关业务。”

双威建筑说，联营也将使该集团的预制方法提升至最佳工业实践。

“SCPS在联营公司的股权将通过土地租赁的内部资金，而建设机械化厂房的资金将来自一些外部贷款。”

“双威建筑有信心，所提议的联营计划是维持在这行业地位的正确方向。迄今为止，这为集团带来不俗的赚幅。”

这项联营计划预计对双威建筑的未来盈利作出贡献。


（编译：陈慧珊）

Type	Announcement
Subject	OTHERS
Description	SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON")- JOINT VENTURE BETWEEN SUNWAY CONCRETE PRODUCTS (S) PTE LTD AND HL BUILDING MATERIALS PTE LTD
The Board of Directors of SunCon wishes to announce that Sunway Concrete Products (S) Pte Ltd, an indirect wholly-owned subsidiary of SunCon, has on 30 January 2018 entered into a Joint Venture Agreement (“JV Agreement”) with HL Building Materials Pte Ltd, a subsidiary of Hong Leong Asia Ltd.  Under the JV Agreement, a joint venture company has been established to tender for the lease of land in Singapore (the “Proposed Joint Venture”) from the Building and Construction Authority. Please refer to the attachment below for further details on the Proposed Joint Venture. This announcement is dated 30 January 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5680729

Attachments SunCon - Joint Venture btw HLBM n SCPS (Bursa).pdf

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Type	Announcement
Subject	OTHERS
Description	SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON")- TARGETED DATE OF RELEASE OF UNAUDITED FINANCIAL RESULTS FOR THE FOURTH QUARTER ENDED 31 DECEMBER 2017
We wish to announce that SunCon targets to release its unaudited financial results for the fourth quarter ended 31 December 2017 after 5.00 p.m. on Monday, 26 February 2018. This announcement is dated 12 February 2018.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2017	31 Dec 2016	31 Dec 2017	31 Dec 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	748,167	553,149	2,076,290	1,788,844
2	Profit/(loss) before tax	44,173	37,646	174,177	153,677
3	Profit/(loss) for the period	32,128	31,993	137,950	123,638
4	Profit/(loss) attributable to ordinary equity holders of the parent	31,804	32,064	137,812	123,519
5	Basic earnings/(loss) per share (Subunit)	2.46	2.47	10.66	9.55
6	Proposed/Declared dividend per share (Subunit)	4.00	0.00	7.00	6.50
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4300		0.3800

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EX-date	21 Mar 2018
Entitlement date	23 Mar 2018
Entitlement time	05:00 PM
Entitlement subject	Second interim dividend
Entitlement description	Second interim single tier dividend of 4 cents per ordinary share for the financial year ended 31 December 2017
Period of interest payment	to
Financial Year End	31 Dec 2017
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	SUNWAY MANAGEMENT SDN BHDLevel 16, Menara SunwayJalan Lagoon TimurBandar Sunway47500 Subang JayaSelangor Darul EhsanTel: 03-56398889Fax: 03-56399507
Payment date	19 Apr 2018
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	23 Mar 2018
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.04

icy97

双威建筑上季获利虽走低．放眼今年攫20亿新订单

（吉隆坡27日讯）虽然双威建筑（SUNCON，5263，主板建筑组）第四季获利走低，但分析员认为，该公司截至目前手握66亿令吉订单，并放眼今年攫取最多20亿令吉新订单，足以支持2018年获利成长。

针对该业绩表现，兴业研究指出，尽管该公司第四季营业额增加35.3%，但税前赚幅却仅录得5.3%，较过2017年首三季9.5%来得低。原因是在第四季大部份入账建筑订单，来自建筑物和内部工程，大约占了80%以上，而基建工程订单仅占20%左右。

财测上调

在考虑了新填补订单目标调高、税前获利赚幅以及预铸业务入账减半等因素后，肯纳格研究决定调高该公司2018年核心获利1.7%，并预测2019年核心获利，将走高至1亿9280万令吉。

马银行研究指出，双威建筑手上握有庞大订单，将继续推动今年获利成长，而且在今年初新订单也接踵而来。截至2018年2月为止，该公司已经获颁4亿5600万令吉订单，并放眼在今年获得取得15亿至20亿令吉新订单目标。

艾芬黄氏研究也指出，以该公司60多亿未完成订单以及预测在2018年攫取约20亿令吉新订单来看，2018年每股获利有望按年成长31%。

竞标隆新高铁

丰隆研究认为，双威建筑近期最大竞标案是隆新高铁工程。该公司与两家本地建筑公司组成财团共同竞标。

兴业分析，若该公司赢得隆新高铁交付合作伙伴（PDP）项目，股价估值将成长22%或30仙至3令吉。

另外，肯纳格也特别指出，对比其他隆新高铁竞争对手，如：金务大（GAMUDA，5398，主板建筑组）等公司，该公司占了很大的优势。



文章来源：
星洲日报‧财经‧报道：傅文耀‧2018.02.27

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Type	Announcement
Subject	OTHERS
Description	SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") -  AWARD OF PROJECT BY SUNWAY REAL ESTATE INVESTMENT TRUST
The Board of Directors of SunCon is pleased to announce that Sunway Construction Sdn Bhd (“SCSB”), a subsidiary of SunCon, has on 27 February 2018, accepted the Letter of Award issued by SA Architects Sdn Bhd, on behalf of Sunway REIT Management Sdn Bhd, which acts as the Manager for Sunway Real Estate Investment Trust (“Sunway REIT”), appointing SCSB as the project delivery partner for the planning, coordination, construction and completion of the proposed expansion of a 9-storey commercial development to the existing Sunway Carnival Shopping Mall consisting of 3-storey retail, sub-basement retail, 6 storey podium carpark and basement carpark situated on Lot No. 5493, 5497, 5498, 5499 and 10299, Mukim 1, Pusat Bandar Seberang Jaya, Seberang Perai Tengah, Pulau Pinang for a total contract sum of RM274,000,000 (“Project”). The Project is for a period of 32 months from the date of commencement i.e. 15 March 2018, and is expected to be completed by 14 November 2020. The Project is expected to contribute positively to the earnings of SunCon from the financial year ending 31 December 2018 onwards. Upon securing the Project, SunCon’s outstanding order book as at to-date amounts to RM6.7 billion. The Project is subject to normal construction risk of materials price fluctuation. However, with the past experiences and expertise of SCSB in construction projects, this risk could be mitigated. The Project is a related party transaction by virtue of SunCon and Sunway REIT having common major shareholders/unitholders. Sunway Berhad (“Sunway”) is a major unitholder of Sunway REIT. Tan Sri Dato’ Seri Dr Jeffrey Cheah Fook Ling, Puan Sri Datin Seri (Dr) Susan Cheah Seok Cheng, Sarena Cheah Yean Tih, Evan Cheah Yean Shin, Adrian Cheah Yean Sun, Sungei Way Corporation Sdn Bhd and Active Equity Sdn Bhd, being major shareholders of Sunway, also have deemed interests in Sunway REIT via Sunway. Sunway, Tan Sri Dato’ Seri Dr Jeffrey Cheah Fook Ling, Puan Sri Datin Seri (Dr) Susan Cheah Seok Cheng, Sarena Cheah Yean Tih, Evan Cheah Yean Shin, Adrian Cheah Yean Sun, Sungei Way Corporation Sdn Bhd and Active Equity Sdn Bhd are also major shareholders of SunCon. SunCon has obtained its shareholders’ mandate for such recurrent related party transactions entered into or to be entered into by SunCon and its subsidiaries with Sunway REIT at its last annual general meeting held on 15 June 2017. This announcement is dated 27 February 2018.

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Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") -  DISPOSAL OF SUBSIDIARY TO RELATED PARTY
1. INTRODUCTION We wish to announce that Sunway Construction Sdn Bhd (“SCSB”), a wholly-owned subsidiary of SunCon, has on 8 March 2018, disposed its entire equity interest comprising 1,000,000 ordinary shares in Sunway GD Piling Sdn Bhd (“Sunway GD Piling”) to the following transferees (“Disposal”):- Name of Transferor Name of Transferee No. of Shares Consideration (RM) Sunway Construction Sdn Bhd Sunway City Sdn Bhd 700,000 795,284/- Sunway Construction Sdn Bhd Chang Kim Long 700,000 340,836/- TOTAL: 1,000,000 1,136,120/- 2. INFORMATION ON SUNWAY GD PILING Sunway GD Piling is incorporated on 31 May 2005 and its paid-up share capital is RM1,000,000 comprising 1,000,000 ordinary shares. Sunway GD Piling is presently dormant and has ceased operation. Upon completion of the Disposal, Sunway GD Piling has ceased to be a subsidiary of SCSB. 3. INFORMATION ON SUNWAY CITY SDN BHD (“SunCity”) SunCity is incorporated on 13 July 1982 and its paid-up share capital is RM251,447.14 comprising 250,000 ordinary shares and 144,714 Non-Convertible Non-Cumulative Redeemable Preference Shares. The principal activity of SunCity is investment holding. SunCity is a subsidiary of Sunway Berhad, which in turn is a major shareholder of SunCon. 4. TOTAL COST AND THE DATE OF INVESTMENT The total cost of investment in Sunway GD Piling amounted to RM1,000,000/- made in 2005 and 2008. 5. BASIS OF CONSIDERATION The disposal consideration of RM1,136,120/- was arrived at based on the net book value of Sunway GD Piling as per its audited financial statements for the financial year ended 31 December 2017. 6. APPROVAL REQUIRED The Disposal is a related party transaction by virtue of SunCity being a subsidiary of the Company’s major shareholder, Sunway Berhad. However, the Disposal does not require the approval of the shareholders of SunCon. 7. RATIONALE The Disposal is part of the Group’s continuing effort to streamline its organization structure by disposing of or winding up/striking off its dormant company(ies) from time to time. 8. EFFECT OF THE DISPOSAL The Disposal is not expected to have any material effect on the earnings per share, net assets per share and gearing of SunCon, and it has no effect on SunCon’s share capital and substantial shareholders’ shareholding. 9. DIRECTORS AND/OR MAJOR SHAREHOLDERS’ INTEREST Evan Cheah Yean Shin is a Director and major shareholder of SunCon as well as director of several subsidiaries and major shareholder of Sunway Berhad. Tan Sri Dato’ Seri Dr Jeffrey Cheah Fook Ling, Puan Sri Datin Seri (Dr) Susan Cheah Seok Cheng, Sarena Cheah Yean Tih, Adrian Cheah Yean Sun, Sungei Way Corporation Sdn Bhd and Active Equity Sdn Bhd are major shareholders of both SunCon and Sunway Berhad. Dato’ Chew Chee Kin is a Director of SunCon and Sunway Berhad as well as a member of the Board of Management of Sunway Berhad. Mr Chung Soo Kiong is a Director of SunCon as well as a member of the Board of Management of Sunway Berhad. Save as disclosed above, none of the directors and/or major shareholders of SunCon or persons connected with them has any interest, whether direct or indirect, in the Disposal. 10. AUDIT COMMITTEE’S RECOMMENDATION The Audit Committee of SunCon, after having considered all aspects of the Disposal, is of the opinion that the Disposal is in the best interests of SunCon and is not detrimental to the interests of the non-interested shareholders of SunCon. The Audit Committee is of the view that the Disposal is fair, reasonable, at arms’ length and on normal commercial terms. 11. STATEMENT BY BOARD OF DIRECTORS Save and except for Evan Cheah Yean Shin, Dato’ Chew Chee Kin and Chung Soo Kiong, who are the interested parties, the Board of Directors is of the opinion that the Disposal is in the best interest of SunCon. This announcement is dated 8 March 2018.

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Type	Announcement
Subject	OTHERS
Description	SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") - INCORPORATION OF SUBSIDIARY
Pursuant to Chapter 9, Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of SunCon wishes to announce that Sunway Innopave (S) Pte Ltd and Sunway Concrete Products (S) Pte Ltd, both are indirect subsidiaries of SunCon, had on 9 April 2018 incorporated a private limited company known as Sunway Builders (Myanmar) Company Limited (“Sunway Builders (Myanmar)”) with equity ratio of 99:1 respectively. The notification and certificate of incorporation of Sunway Builders (Myanmar) was received today. Sunway Builders (Myanmar) is a company incorporated in Myanmar and has a paid-up share capital of USD50,000.00 comprising 50,000 ordinary shares. Its intended principal activity is project management in construction services. None of the directors or substantial shareholders of SunCon or persons connected with them has any interest, whether direct or indirect in the aforesaid incorporation. This announcement is dated 23 April 2018.

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Type	Announcement
Subject	OTHERS
Description	SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON")- TARGETED DATE OF RELEASE OF UNAUDITED FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED 31 MARCH 2018
We wish to announce that SunCon targets to release its unaudited financial results for the first quarter ended 31 March 2018 after 5.00 p.m. on Thursday, 17 May 2018. This announcement is dated 3 May 2018.

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Type	Announcement
Subject	OTHERS
Description	SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") -  AWARD OF PROJECT BY ALLIANCE PARADE SDN BHD
The Board of Directors of SunCon is pleased to announce that Sunway Construction Sdn Bhd (“SCSB”), a subsidiary of SunCon, has on 14 May 2018, accepted the Letter of Award issued by Alliance Parade Sdn Bhd (“Alliance Parade”), in respect of the Proposed Development (Sunway Medical Centre Phase 1) on Lot No. 5781, 5782, 5783 and 5784, Mukim 1, S.P.T., Pulau Pinang for a total contract sum of RM180,000,000.00 (“Project”). Alliance Parade is an indirect wholly-owned subsidiary of Sunway Berhad (“Sunway”) which is a major shareholder of SunCon. The Project shall commence on 15 May 2018 and is expected to be completed by 15 December 2020. The Project is expected to contribute positively to the earnings of SunCon from the financial year ending 31 December 2018 onwards. Upon securing the Project, SunCon’s outstanding order book as at to-date amounts to RM6.3 billion. The Project is subject to normal construction risk of materials price fluctuation. However, with the past experiences and expertise of SCSB in construction projects, this risk could be mitigated. The Project is a related party transaction by virtue of Evan Cheah Yean Shin being a Director and major shareholder of SunCon as well as director of several subsidiaries and major shareholder of Sunway. Tan Sri Dato’ Seri Dr Jeffrey Cheah Fook Ling, Puan Sri Datin Seri (Dr) Susan Cheah Seok Cheng, Sarena Cheah Yean Tih, Adrian Cheah Yean Sun, Sungei Way Corporation Sdn Bhd and Active Equity Sdn Bhd are major shareholders of both SunCon and Sunway as well as persons connected to Evan Cheah Yean Shin. Dato’ Chew Chee Kin is a Director of both SunCon and Sunway. SunCon has obtained its shareholders’ mandate for such recurrent related party transactions entered into or to be entered into by SunCon and its subsidiaries with Sunway and its group of companies at its last annual general meeting held on 15 June 2017. This announcement is dated 14 May 2018.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2018	31 Mar 2017	31 Mar 2018	31 Mar 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	529,228	419,531	529,228	419,531
2	Profit/(loss) before tax	43,704	43,298	43,704	43,298
3	Profit/(loss) for the period	35,823	33,780	35,823	33,780
4	Profit/(loss) attributable to ordinary equity holders of the parent	35,850	33,793	35,850	33,793
5	Basic earnings/(loss) per share (Subunit)	2.77	2.61	2.77	2.61
6	Proposed/Declared dividend per share (Subunit)	0.00	2.50	0.00	2.50
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.4500		0.4200

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