Sunway Group

Sunway Group (MYX: 5211), or Sunway Berhad, was formed following a merger between Sunway City Berhad (SunCity) and Sunway Holdings Berhad on 23 August 2011.

Sunway Holdings Incorporated Berhad commenced operations in 1986, mainly to develop the Bandar Sunway township in Petaling Jaya. It was listed on Bursa Malaysia Securities Berhad 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 and Australia.

Sunway Group is led by its founder, Tan Sri Dr. Jeffrey Cheah. He is the current Chairman and sits on the board of the Federation of Public Listed Companies, The National Kidney Foundation, The Board of Trustees of the Malaysian Liver Foundation and the Malaysian Business Council.

Following the success of the Sunway Resort City township, the Group diversified into property investment, leisure and entertainment, hospitality and healthcare. Today Sunway maintains property development and construction as its two core businesses and key contributors to profitability.