SunCon JV an unincorporated joint venture comprising Kajima (Malaysia) Sdn Bhd and Sunway Construction Sdn Bhd, a wholly-owned subsidiary of the company had signed a Letter of Acceptance issued by Daiso Malaysia Group Sdn Bhd in respect of the proposed design and construction of Daiso Global Distribution Center Warehouse located at Pulau Indah, Port Klang, Selangor Darul Ehsan.
The Joint Venture is an unincorporated joint venture comprising KMSB as the leader of the Joint Venture and SCSB, for the purpose of bidding for the Project and, if successful, to undertake the project. Upon award of the Project, KMSB and SCSB will enter into a detailed joint venture agreement with a 50:50 partnership.
The total contract sum for the Project RM595.3 million and is for a period of 34.5 months and is expected to be completed by the second quarter of 2026.
