{
  "id": 4372462,
  "title": "SunCon poised to surpass RM8 billion contract wins, says HLIB",
  "url": "https://urgent.news/2026/08/30/suncon-poised-to-surpass-rm8-billion-contract-wins-says-hlib",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-30T07:27:40.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/08/1522076/suncon-poised-surpass-rm8-billion-contract-wins-says-hlib"
  },
  "original_language": "en",
  "account": null,
  "summary": "Sunway Construction Group Bhd, also known as SunCon, is reportedly on track to secure contracts exceeding RM8 billion for the financial year 2026 (FY26), according to Hong Leong Investment Bank Bhd (HLIB). As of June 2026, SunCon's unbilled order book has reached a record RM10.5 billion, nearly double its FY25 revenue. The research house anticipates that SunCon could benefit from its parent company, Sunway Bhd's project pipeline, including rapid transit system works and Seremban hospital works. HLIB maintains a Buy rating on SunCon's stock, with an unchanged target price of RM9.10, citing the company's strong position in the data centre theme, robust execution capabilities, and an attractive dividend yield of six percent.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}