http://mystockfolio.blogspot.com/2010/11/w...aycity-now.html

As you already know, Sunway is merging with own SunwayCity to form a bigger property entity. This is following after the Sunrise-UEMLand and MRCB-IJMLand merger events. What a great move by Jeffrey.

Sunrise+UEMLand might be 1+1=3 as Sunrise has the technic and good reputation in Mont Kiara while UEMLand has a lot of landbanks in Johor-the future development in Malaysia at Iskandar area.
MRCB-IJMLand also not bad,but I see it as 1+1=2 only, just bigger in size.

While Sunway Holdings+Sunway City is in my mine=1+1=4 or even 5. Why?
First, Sunway merging Suncity will create a greater and better image for Sunway, flushing away the confusion in investors who are confused with whether to invest in either of the companies.
2nd, with the merging, institutional investor now invest in stock for the rest of assets not already in Sunway REIT. Example: The Sunway college, Sunway medical centre, Sunway Giza shopping mall....etc
3rd, the biggest catalyst in future is Assets moving from Newco Sunway --->SunREIT, it will further unlock the value in assets own in Sunway. Thus pumping up the cash for further development or special dividends.
4th. With its huge success in SunREIT IPO, Sunway Newco will further attract big institutional investors who love great volume, and lower risks. RM2.80 looks attractive compared to most analyst estimation of BVPS 3.50-3.70
5th. Its overseas development especially China Tianjin project if launch successfully, will be a great milestones for the company, and can provide further venture in future into China, maybe and IPO in HongKong or China ?
-------------------------------------------------
Well, between Suncity and Sunway Holdings, I prefer Suncity. As most assets is at Suncity, and the Bookvalue of Suncity is actually more than offering price of RM5.10, it should be more than RM5.20

Any it is selling now at RM4.60, still lower than offer price RM5.10
RM5.10 according to most report, 20% in cash+80% in Newco shares swap
So, if you buy 1000 shares now at RM4.60, to simplify exclude the brokerage fees,etc.
Cost=RM4600
20% cash back on offer RM5.10=RM1.02*1000=RM1020
80% on RM5.10=RM4.08. As Newco Sunway offer at RM2.80, you can get 4.08/2.80*1000=1457 Newco shares.
And also 1 free warrant for 5 Newco shares (exercise price=RM2.80)

So, all in all you get:
Cash=RM1020+
1457 Newco share valued RM2.80=RM4079.60+
291 free warrant( If listing price is RM0.20=RM58)
If you decide to sell once listing of Newco at RM2.80
Your return=RM1020+1400xRM2.80( Forget the oddlot)=RM4940

Cost=4600
Return=4940
Profit=340(7.39%)

But if you see a good future in the company and since volatility surely improved, you decide to wait until mkt price reach BVPS estimate RM3.50
So, now your return is

Cash=RM1020+1400Newco share xRM3.50=RM5920
Profit=1320(28.69%)
And this is even excluding free warrant worth
RM0.70*290=RM203

So, now is Suncity a good buy for now? You Decide!

I thought Suncity and Sunway has already suspend their counters?

this morning already open for trading

Now i know why people are missing this great offer!!

Hope they have an easy integration and can boost values asap.

Well I believe Sunway+suncity is an easy combination
Sunrise+uemland might be harder as these 2 are totally different company with different culture and work standard.

nice deal btw
anyway, when is their general meeting
is it need to buy before the meeting

my money stuck with Petchem right now

With the falling market, new opportunity to accumulate for those who have missed.

True, it hardly goes down now for both stocks, good time to accumulate more for next yr

Are they, the sunway going to buy back all the shares in the market or they will just buy up to a certain percentage of shares, then they can proceed with the merging? then what happen to those who's still holding sunway or suncity share???

This post has been edited by 93126668: Dec 15 2010, 11:41 AM

can anyone share why is sunway and suncity not flying, though with such good offer coming along with the merger?

Thks

sunway will fly once shareholders voted for the merger at egm

t has already risen from around rm4 to current level after the news announced.

From rm4.5 to rm5.1 is around 13%, and it takes roughly about half a year to materialize.

If you think that 13% return in half a year time is good enough, you can definitely buy and hold.

Some people think that they can do better than 13% in half a year with other stock, and some people doesn't have the holding power. This could be the reasons why it is still at current level, and slowly moving up to around rm5 in half a year time.

---

Added on February 8, 2011, 3:43 pmAnyone's still continue to buy sunway/suncity?

---

Added on February 8, 2011, 3:43 pmAnyone's still continue to buy sunway/suncity?

This post has been edited by 93126668: Feb 8 2011, 03:43 PM

Sunway Testing Resistance Tested and Possible 15% gain


check this out


http://edwinextremebullrun.blogspot.com/20...nce-tested.html


--------------------
http://edwinextremebullrun.blogspot.com/

Hi brother, page not found

This post has been edited by SKY 1809: May 30 2011, 08:32 AM

hmm


repost again the link

http://edwinextremebullrun.blogspot.com/20...nce-tested.html

Well spotted bro, too bad I didn't jump on board as my cash is not enough. Hope you had made some good bucks from these counters

No worries as there are still many more gold mine to find hehe and not point chasing them anymore

http://edwinextremebullrun.blogspot.com/search/label/SUNWAY

still a good buy??? today i heard is EGM

http://announcements.bursamalaysia.com/EDM...2F?OpenDocument

I've been holding SUNWAY shares for almost 2 years, and I have to say it has been the most stable one in my portfolio which managed to keep my heart calm throughout even the hardest times

Just to share, MIB report and estimate of potential 37% further upside with the coming merger.

---

Added on August 2, 2011, 1:50 pmSunway Holding and Suncity counters have been delisted. To those who manage to get in on either for the new Sunway Berhad stocks, we shall wait for more action during what is expected to be listed on the 24/8/2011.

This post has been edited by tineagle: Aug 2 2011, 01:50 PM


Attached File(s)
 Sunway_Berhad_20110727_MIB__draft_.pdf ( 865.78k ) Number of downloads: 48

Keep dropping only....down lor

merely due to market conditions. Im ready to accumulate more if it drops further.

This is a well known company with alot of potential.

From the old SUNWAY and SUNCITY holders...

What it means (for holders of every 1,000 shares)
Sunway City (i) RM1,020 cash, (ii) 1,457 Sunway Berhad shares, (iii) 291 Sunway Berhad warrants

Sunway Holdings (ii) RM520 cash, (ii) 743 Sunway Berhad shares, (iii) 149 Sunway Berhad warrants

sunway last traded 2.21 while sunway-wa last traded 0.53
1020 + (1457 * 2.21) + (291 * 0.53) = 4394.20 or ~ RM4.39 from the old SUNCITY
520 + (743 * 2.21) + (149 * 0.53) = 2241.000000 or ~ RM2.24 from the old SUNWAY

And I think if you check the old charts , this 4.4x and 2.2x was strong support levels for both SUNCITY / SUNWAY months earlier.

This post has been edited by GregPG01: Sep 10 2011, 11:06 AM

are u guys talking about SUNWAY (5211)? Around how much the price u guys looking into & why? Sorry for noob questions here cause not much posts in this counter lol~

ALL MATCHED RM2.00

Great entry price now. All construction counters taking a hit, i still believe sunway has the most price turn around potential compared to the rest.

since u r such a big fan of sunway....

let me ask you.....how well do u know sunway's products?

Do u invest in properties?

And do u buy any of sunway's projects?

In the view of the economic softening coming up, do u know what is the impact to sunway's upcoming pipeline of projects?

Buy rating from Hong Leong Investment Bank, TP 3.20...



Attached File(s)
 HLIB___Sunway_2012_05_10.pdf ( 226.85k ) Number of downloads: 30

Attached File(s)
 Contruction_cimb_070512.pdf ( 1.08mb ) Number of downloads: 17
 Sunway_Berhad_MRT_Job_Well_Expected_20120510_OSK.pdf ( 114.53k ) Number of downloads: 17

Attached File(s)
 Contruction_cimb_100512.pdf ( 446.84k ) Number of downloads: 20

Sunway unit secures US$67m term loan from OCBC

Sunway Bhd's unit has secured a US$67mil (RM214mil) term loan from Oversea-Chinese Banking Corporation Ltd, part of which would be used to refinance the existing Islamic term loan facility.

Sunway said on Thursday Sunway Treasury Sdn Bhd had secured the facility from OCBC's Labuan branch.

The loan would be for advances to Sunway and its subsidiaries and to refinance the existing Islamic term loan facility granted to Sunway MUSC Sdn Bhd by Maybank Islamic Bhd.

It would also be used to part-finance the construction of a building on the Monash University Malaysia campus by Sunway MUSC Sdn Bhd.

SUNWAY – Q1 2013 Financial Report (http://www.bursamalaysia.com/market/listed...cements/1305209) on 30 May 2013

Analysis Report – http://lcchong.files.wordpress.com/2013/08...way-q1-2013.pdf or more (http://lcchong.wordpress.com/knowledge-sharing/)

UOADEV and MAHSING seems more attractive for now though..

Sunway bags RM282.9m Khazanah-Temasek project

Sunway Bhd has secured a RM282.9mil contract from Khazanah Nasional Bhd and Temasek Holdings (Pte) Ltd joint venture to undertake a development project.

Sunway said on Friday its unit Sunway Construction Sdn Bhd had accepted the letter of award from the JV company Pulau Indah ventures Sdn Bhd. The location of the project was not disclosed.

The urban wellness project comprises of a five-storey building for corporate training, a four-storey health centre, car parks and a 23-storey block of service apartments.

"The proposed project is expected to commence on Sept 1, 2013 and completed by Oct 31, 2015 with a construction period of 26 months. It is expected to contribute positively to the earnings of Sunway Group from the financial year ending Dec 31, 2014 onwards," said Sunway.

properties share.... got chance if our currency are stable and our economic are good enough

Heading south since d listing of Rights shares

Isn't this the normal trend for rights issues ?

Nope

Sunway Q2 earnings up 10.3% to RM170.34m

Sunway Bhd's earnings rose 10.3% to RM170.34mil in the second quarter ended June 30, 2013 from RM154.33mil a year, boosted by higher revenue from property sales and construction revenue.

It said on Thursday its revenue rose 12.2% to RM1.118bil from RM996.09mil while earnings per share were 13.18 sen compared with 11.94 sen. It declared an interim dividend of 5.0 sen a share.

Sunway said its property development segment reported revenue of RM286.9mil and profit before tax of RM71.9mil versus revenue of RM188.6mil and profit before tax of RM37.9mil a year ago. The higher revenue was due to stronger sales achieved.

The higher profit before tax was also boosted by higher profit contribution from its Singapore property development projects

The property investment segment reported revenue of RM141.8mil and profit before tax of RM32.3mil versus revenue of RM143.7mil and profit before tax of RM35.4mil a year ago.

“The overall performance of this segment was impacted by lower contribution from the hospitality division which experienced lower occupancy rate and higher operating expenses due to major overhaul of plant and machinery and operating equipment,” it said.

The construction segment reported revenue of RM372.8mil and profit before tax of RM18.3mil as compared to revenue of RM388.3mil and profit before tax of RM20.3mil.

For the first half, its earnings rose 19.3% to RM260.90mil from RM218.78mil while revenue increased by 18.1% to RM2.139bil from RM1.810bil.

SUNWAY – Q2 2013 Financial Report (http://www.bursamalaysia.com/market/listed-companies/company-announcements/1392345) on 28 Aug 2013

Analysis Report – http://lcchong.wordpress.com/2013/08/30/su...is-30-aug-2013/ or http://lcchong.wordpress.com/knowledge-sharing/

RHB Research recommend clients to buy Sunway with target price of RM3.52

Link please

There is no link
Article appeared in Nanyang newspaper (biz section) on Sat, 31/8

Interim Single Tier Dividend of 5% per ordinary share of RM1.00 each for the financial year ending 31 December 2013

EX-date 18/09/2013
Entitlement date 20/09/2013
Payment date 01/10/2013

Closed unchanged at 2.92 today

Can anyone explain how does this works ????

The employees were offered to buy Sunway share @ 2.76 whilst market price 2.92 but has a vesting date that they need to hold for some time. please correct me if my interpretation flaws.

Tq !


OTHERS SUNWAY BERHAD ("SUNWAY") - OFFER OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME (“ESOS”)

SUNWAY BERHAD


Type Announcement
Subject OTHERS
Description SUNWAY BERHAD ("SUNWAY")
- OFFER OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME (“ESOS”)



The Board of Directors of Sunway wishes to announce that Sunway has implemented the ESOS with effect from 3 September 2013. In addition, pursuant to Paragraph 9.19(51) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Sunway also wishes to announce that it has offered options to eligible employees and executive directors under its ESOS (“Options”), the details of which are as follows:
No. Description
1. Date of offer of the Options : 3 September 2013
2. Exercise price of Options offered : RM2.76
3. Number of Options offered : 133,564,000
4. Market Price of Sunway shares on the date of offer : RM2.92

5. Number of Options offered to Executive Directors of Sunway:


Name Number of Options offered
Tan Sri Dato’ Seri Dr Jeffrey Cheah Fook Ling, AO 17,200,000
Datuk Seri Razman M Hashim 500,000
Dato’ Chew Chee Kin 4,500,000
Sarena Cheah Yean Tih 1,600,000

6. Vesting period of Options offered:


Estimated Number of Options to be vested Estimated Scheduled
Vesting Date
30,682,400 3 October 2013
Up to 33,391,000 3 September 2014
Up to 33,391,000 3 September 2015
Up to 33,391,000 3 September 2016

This announcement is dated 3 September 2013.

Sunway JV wins Singapore URA tender for RM1.132b

Sunway Bhd’s joint venture has been awarded a land parcel in Mount Sophia, Singapore for a 99-year lease term at S$442.28mil (RM1.132bil) by the Urban Redevelopment Authority of Singapore.

It said on Tuesday the JV comprising of its unit Sunway Developments Pte Ltd, Hoi Hup Realty Pte Ltd and S C Wong Holdings Pte Ltd were awarded the land parcel following a successful tender for the land.

Hoi Hup, SDPL and S C Wong had on Sept 16, incorporated a JV -- Hoi Hup Sunway Mount Sophia Pte Ltd on a 51:30:19 equity ratio - to undertake a residential development on the land.

“The completion period of the proposed project shall be 60 months or earlier, commencing from Sept 12, 2013. It is expected to contribute positively to the earnings of Sunway Group from the financial year ending Dec 31, 2015 onwards,” it said.

Sunway Bhd’s 60m shares crossed at RM2.90, shares fall

Sunway Bhd saw 60 million of its shares traded off-market at RM2.90 each on Friday, which was 14 sen below Thursday’s close of RM3.04.

Stock market data showed the shares accounted for a 3.48% stake, based on the company’s paid-up of 1.723 billion shares.

Earlier, Bloomberg reported that the GIC, which is Singapore’s sovereign wealth fund, was selling its Sunway shares as part of a “rebalancing activities for its overall portfolio”.

This had also triggered some selling pressure on the property-construction-education company.

Down 10 cents today despite off-market transaction

people panicked thus sells

Singapore GIC sells 60m Sunway Bhd shares

The Government of Singapore Investment Corporation Pte Ltd (GIC) disposed of 60 million share of Sunway Bhd on Oct 4.

A filing with Bursa Malaysia showed after the sale of the shares, its stake was reduced to 8.74% or 150.66 million shares.

The sale of the shares was part of the GIC’s portfolio rebalancing.

(A) SUBSCRIPTION AND SHAREHOLDERS’ AGREEMENT BETWEEN SUNWAY SOUTH QUAY SDN BHD (A SUBSIDIARY OF SUNWAY), SEA INVESTMENT FOUR PTE LTD (A WHOLLY-OWNED SUBSIDIARY OF MITSUI FUDOSAN (ASIA) PTE LTD) AND PROSPER REVENUE SDN BHD (B) SALE AND PURCHASE AGREEMENT BETWEEN SUNWAY SOUTH QUAY SDN BHD, SUNWAY LAGOON SDN BHD (A SUBSIDIARY OF SUNWAY) AND PROSPER REVENUE SDN BHD

http://www.bursamalaysia.com/market/listed...cements/1441445

Rhb recommend Buy with TP @ 3.55

PROPOSED ISSUANCE OF COMMERCIAL PAPERS AND/OR MEDIUM TERM NOTES PURSUANT TO A COMMERCIAL PAPER/MEDIUM TERM NOTE PROGRAMME OF UP TO RM2.0 BILLION IN NOMINAL VALUE

http://www.bursamalaysia.com/market/listed...cements/1445101

SHARE SALE AGREEMENT AND SHAREHOLDERS AGREEMENT WITH MILLENNIUM PAVILION SDN BHD

http://www.bursamalaysia.com/market/listed...cements/1451225

Will, can explain a bit ? dont quite understand

SC have approved the changes in shareholders

why sunway drop so much??
and RHB TP is RM3.55??

what is the story behind it??
shifus explain pls ...

SHARE SALE AGREEMENT AND SHAREHOLDERS AGREEMENT WITH MILLENNIUM PAVILION SDN BHD
http://www.bursamalaysia.com/market/listed...cements/1462169

TARGETED DATE OF RELEASE OF UNAUDITED FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED 30 SEPTEMBER 2013
http://www.bursamalaysia.com/market/listed...cements/1462165

MEMBERS' VOLUNTARY WINDING-UP OF SYDNEY THEME PARK PTY LIMITED, A SUBSIDIARY OF SUNWAY
We wish to announce that the sole member of Sydney Theme Park Pty Limited (“STP”), a subsidiary of Sunway, has on 19 November 2013 passed a resolution for the voluntary winding-up of STP as it had been dormant.

STP was incorporated on 2 April 1984 in Australia with a paid-up share capital of AUD101/-. The principal activity of STP was the holder of the theme park license and it had ceased operation since the closure of the Wonderland theme park in April 2004.

STP has appointed David Clement Pratt and Ian Robert England of PricewaterhouseCoopers of 201 Sussex Street, Sydney NSW 2000 as the liquidators for purpose of the members' voluntary winding-up.

Other than the liquidation expenses, there are no material losses or effects on the net assets per share and earnings per share of Sunway Group arising from the liquidation.

This announcement is dated 20 November 2013.

Not recommended at all. Hardly goes up. Cannot break the 2.840 mark

We wish to announce that pursuant to Chapter 9, Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Sunway City Sdn Bhd, a wholly-owned subsidiary of Sunway has on 22 November 2013, acquired two (2) ordinary shares of RM1/- each, representing 100% of the total issued and paid-up share capital of Winning Desire Sdn Bhd (“WDSB") for a total consideration of RM2/-.
WDSB was incorporated on 11 October 2013 and its authorised and paid-up share capital are RM100,000/- and RM2/- respectively. WDSB is presently dormant and its intended principal activity is provision of management services.

None of the directors or substantial shareholders of Sunway or persons connected with them has any interest, whether direct or indirect in the aforesaid acquisition.

This announcement is dated 22 November 2013.

ACQUISITION OF SHARES BY SUNWAY CITY SDN BHD (A WHOLLY-OWNED SUBSIDIARY OF SUNWAY) IN DECO STYLE SDN BHD
http://www.bursamalaysia.com/market/listed...cements/1473133

EQUITY SALE AND PURCHASE AGREEMENT FOR THE PROPOSED DISPOSAL OF EQUITY INTEREST BY SUNWAY HOLDINGS (VIETNAM) SDN BHD, A SUBSIDIARY OF SUNWAY IN SUNGEI WAY OCEAN JOINT VENTURE COMPANY LIMITED
http://www.bursamalaysia.com/market/listed...cements/1476621

SUNWAY Analysis - http://lcchong.wordpress.com/2013/12/07/su...sis-7-dec-2013/

Sunway buys four pieces of land in Penang

Sunway City (Penang) Sdn Bhd (SCP), an indirect unit of Sunway Bhd, has signed a sales and purchase agreement with Luxor Precision Sdn Bhd to acquire four pieces of freehold land in Penang for RM267.41 million.

In a filing with Bursa Malaysia today, Sunway said SCP has successfully bid for the land on Dec 17, together with existing buildings, plant nurseries and other structures.

The proposed acquisition would provide Sunway with an estimated gross development value of RM1.5 billion when fully developed, said the developer in an earlier announcement to Bursa Malaysia.

"The proposed development for the land consisted of commercial shops, small office and home office as well as highrise residential units that would strengthen Sunway's presence in Penang property market," it said.

Sunway said the land was strategically located within the vibrant centre of Penang Island and was surrounded by tourism spots as well as matured residential townships.

Sunway gets Bursa's go-ahead to list construction arm
http://www.theedgemarkets.com/my/article/s...rm?type=Markets

Sunway kinda "busy" these days buying up firm

-buying two hardware firms for RM137.8m

- acquire Pasir Mas Holdings Sdn Bhd, which operates a petrol station and motor vehicle workshop opposite Sunway Pyramid Shopping Mall facing the New Pantai Expressway, for RM1.75 million

1 SunCon for every 10 shares held plus RM0.25 cash on d way...

they also bought a co that is the sole distributor of many products such as WD-40 in malaysia.
if i didn't read incorrectly.

yeah.. tat is the two hardware firms they are buying for RM137.8m (Winstar Trading Sdn Bhd and PND Hardware & Trading Pte Ltd)

http://www.theedgemarkets.com/my/article/s...e-firms-rm1378m

Smart move.. operational synergies. Since they are into construction I guess they know who the quality suppliers are, and now they have them in-house

Shareholders have approved proposed SunCon IPO n distribution

Distribution of 1 SunCon : 10 Sunway shares will b X on 6/5

sunway construction ipo out....miti ....but I can see inside my miti account ...why

Wait and see tomorrow . MITI's system is always like that .

are u facing the same problem

Yes , same problem with you .

The system now seem to be ok . Good luck .

Price down after X for dividend in specie

Big swing.. good for trading this few days perhap

Based on Sunway closing price of RM3.55, d indicative price for SunCon is ard RM1.80

Why drop so much? Now 3.48 from last week highest 3.8

After X for dividend in specie

anyone knows when will the dividen in specie deposit into the account?

1 day prior to listing date

Sunway buys PJ land for RM286mil
http://www.thestar.com.my/Business/Busines...6mil/?style=biz

Sunway declares special cash dividend of 26 sen

http://www.theedgemarkets.com/my/article/s...dividend-26-sen

After a long wait, finally the special cash Dividend is on the way

Who still hold since IPO ?

What happen to Sunway share? Why drop drastically from 3.5 to 3,1??

Price adjusted for special cash dividend

Sunway to expand its healthcare facilities
http://www.thestar.com.my/business/busines...are-facilities/

healthcare sectors do make good income for most listed companies

Still a good buy now?

Finally Sunway Bhd rise up in these 2 days

now price 1.80,worth buying in?is sunway a good dividend payor?