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Sunway Group

From Wikipedia, the free encyclopedia
Sunway Group
Native name
Sunway Berhad
双威集团
Company typePublic limited company
MYX: 5211
ISINMYL5211OO007
IndustryConglomerate
Founded1974; 50 years ago (1974)
FounderJeffrey Cheah
HeadquartersSunway Tower, Sunway City, Subang Jaya, Selangor, Malaysia
Key people
Jeffrey Cheah, Founder & chairman
Idris Jala, Co-chairman
Razman M Hashim, Deputy chairman
Chee Kin Chew, President
Ramon Navaratnam, Corporate advisor
Revenue5.41 billion MYR 2018
(Increase 6.2%)
Number of employees
16,000+
Websitesunway.com.my

Sunway Group (Malay: Sunway Berhad, Chinese: 双威集团) is a Malaysian conglomerate company. It is currently headquartered at Sunway City, Subang Jaya, Selangor, Malaysia.

History

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Sunway Group headquarters at Sunway Tower (Menara Sunway) in Sunway City, Subang Jaya, Selangor

The Sunway Group commenced operations in 1986, primarily focused on the development of the Bandar Sunway township in Petaling Jaya. It was listed on Bursa Malaysia Securities Bandar on 16 February 1984. Sunway City Berhad on the other hand, was incorporated in 1982 and engages “in the investment and development of residential, commercial, retail, leisure, and healthcare properties primarily in Asia.” Sunway maintains property development and construction as its two core businesses and key contributors to profitability.

Notable subsidiaries

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Most notable subsidiaries are located close to the headquarters in Bandar Sunway. These include two main hotels: Sunway Resort Hotel and Spa and the Pyramid Tower Hotel. Other tourism-related facilities include the Sunway Pyramid shopping mall and Sunway Lagoon theme park.

Sunway Group is the parent company of Sunway Education Group. The group comprises eight educational institutions: Sunway University, 42 Kuala Lumpur, Sunway Le Cordon Bleu Institute of Culinary Arts, Sunway College, Sunway International School, and Sunway International School Sunway Iskandar. Sunway Group is the part owner of the Campus.

More about Sunway

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References

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