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Sunway's profit surges 34% quarter-on-quarter, declares 2.25 sen dividend
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Sunway Holdings Berhad’s (Sunway) net profit for the three months ended December 31, 2009 soared by 34% to RM 24.1 million from RM18 million recorded during the three months ended September 30, 2009, on the back of healthier performance in the Group’s construction and property development divisions. Revenue rose by 22% quarter-on-quarter to RM501.6 million from RM411.5 million.
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Sunway City achieves record profit of RM1.2 billion
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Sunway City Berhad (Sunway City) continued its strong financial performance by recording a revenue of RM1.6 billion and profit before tax of RM1.2 billion for its financial period ended 31 December 2009. This is based on an 18-month period as Sunway City had earlier changed its financial year-end from 30 June to 31 December.
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Sunway to buy 60% in Spanland, Jan 21, 2010, Starbiz
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Sunway Holdings Bhd, via wholly-owned unit SunwayMas Sdn Bhd, has signed a share sale agreement with Templer Forest Resort Sdn Bhd for the proposed acquisition of 60% equity interest in Spanland Sdn Bhd for RM13.8mil.
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Sunway Tower launched, Jan 18, 2010, Star
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Sunway City Berhad (SunCity), the now-familiar name behind the successful Sunway Integrated Resort City in Bandar Sunway, has made a strategic move to invest in Grade A office developments in the Golden Triangle in Kuala Lumpur with the launch of Sunway Tower on Jan 15.
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