SunCon Contract Win Exceeds Forecast, RHB Revises Earnings And Target Price By 39%

Source: Business Today5 Nov 2026

Sunway Construction Group Bhd won a RM1.7 billion hyperscale data centre contract in Selangor. RHB Investment Bank raised its target price to RM10.70. The contract win exceeded forecast. RHB maintains its Buy recommendation.

What it means for buyers, tenants and investorsShareholders of Sunway Construction Group Bhd can check the revised target price and estimated dividend yield following the contract win.

What it means for Japanese buyers

Sunway Construction Group Bhd won a RM1.7 billion contract in Selangor.

This affects shareholders, including Japanese investors. RHB Investment Bank raised its target price to RM10.70.

Shareholders can check the revised target price and estimated dividend yield with RHB Investment Bank.

Written by AI from the original headline and summary and from published rules. Check figures and conditions with the original report and official sources. This is not investment advice.