Investor Info

INVESTMENT CASE

Summarised Investment Highlights

  • One of the largest property group in Malaysia with a market capitalisation of approximately RM9.2 billion
  • 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.
Prop-Con Collaboration
Land bank acquisition

Land bank acquisition

Design & Masterplan

Design & Masterplan

Construction

Build for Self / Others

Construction & Supply Chain Management

Build to Sell

Build to Sell

Marketing & Sales

Build to Operate

Build to Operate

Property Investment & Business Operators

Held for Yield

Held for Yield

REIT & REIT Management

Chart Indicator

Integrated

Integrated Properties

Construction

Construction

REIT

REIT

  • Landbank of close to 3,299 acres located across multiple strategic locations with a potential GDV of approximately RM53.2 billion.
  • One of the largest listed landowners in Iskandar Malaysia with 1,712 acres.
  • Focused regional strategy with continued expansion of footprint in Singapore and China.
KLCC

Klang Valley

1,152 acres (35%)
RM 14.8 bil (28%)

Johor

Johor

1,624 acres (49%)
RM 29.3 bil (55%)

Penang

Penang

180 acres (5%)
RM 2.2 bil (4%)

Singapore

Singapore

4 acres (<1%)
RM 2.5 bil (5%)

Others

Others

338 acres (10%)
RM 4.3 bil (8%)

  • Recurring income from REIT in the form of REIT dividends and management fees.
  • Unbilled sales of RM4.64 billion as at end Sept 2023.
  • Construction order book of RM5.8 billion as at end Sept 2023.

Financial Calendar

  1. 23 Feb
    2023

    Announcement of the unaudited consolidated results for the 4th quarter ended 31 December 2022

  2. 24 May
    2023

    Announcement of the unaudited consolidated results for the 1st quarter ended 31 March 2023

  3. 24 Aug
    2023

    Announcement of the unaudited consolidated results for the 2nd quarter ended 30 June 2023

  4. 22 Nov
    2023

    Announcement of the unaudited consolidated results for the 3rd quarter ended 30 September 2023

Analyst Coverage

Loong Chee Wei

Affin Hwang Investment Bank

cheewei.loong@affinhwang.com

Team Coverage

AmInvestment Bank

ambank-research@
ambankgroup.com

Wendy Thiam

TA Securities

cwthiam@ta.com.my

Chong Tjen-San

CGS-CIMB Securities

Tjen-san.chong@cgs-cimb.com

Lim Sue Lin

CLSA

suelin.lim@clsa.com

Tan Kai Shuen

Hong Leong Investment Bank

KSTan@hlib.hongleong.com.my

Nurul Nazira

UOB KayHian

nurulnazira@uobkayhian.com

Clement Chua

Kenanga Research

clement.chua@kenanga.com.my

Wong Wei Sum

Maybank Investment Bank

weisum@maybank-ib.com

Jessica Low Jze Tieng

MIDF Research

jessica.low@midf.com.my

Loong Kok Wen

RHB Research Institute

loong.kok.wen@rhbgroup.com

Analyst Reports

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Corporate Presentations

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