Investment Case
Summarised Investment Highlights
  1. Leading property & construction group in Malaysia
    • One of the largest property group in Malaysia with a market capitalization of approximately RM8.0 billion
    • Reputable developer with multiple product offerings and in multiple locations
    • Successful track record as an integrated township developer with its signature development "Sunway City" having 8 key components i.e. retail, hospitality, leisure, education, healthcare, commercial, residential and industrial.

  2. Unique integrated real estate business model
    • Developer with capacity and capability to carry out all aspects of the property development business chain.
    • The management of and investment in Sunway REIT provides the Group with an avenue to divest its mature property investment assets to crystallize capital gains and yet allows it to continue benefitting from REIT management fees and rental income through dividend from the REIT units.

  3. Positioned for growth
    • Landbank of close to 3,289 acres located across multiple strategic locations with a potential GDV of approximately RM56.8 billion.
    • One of the largest listed landowners in Iskandar Malaysia with 1,787 acres
    • Focused regional strategy with continued expansion of footprint in Singapore and China

  4. Resilient earnings base
    • Recurring income from REIT in the form of REIT dividends and management fees
    • Unbilled sales of RM2.1 billion as at end December 2018
    • Construction order book of RM5.2 billion as at end December 2018