Type | Public limited company |
---|---|
MYX: 5211 | |
ISIN | MYL5211OO007 |
Industry | Conglomerate |
Founded | 1974 |
Founder | Jeffrey Cheah |
Headquarters | Sunway 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 |
Revenue | 5.41 billion MYR 2018 ( 6.2%) |
Number of employees | 16,000+ |
Website | sunway |
Sunway Group (Malay: Sunway Bandar, Chinese: 双威集团) is a Malaysian conglomerate company. It was formed following a merger between Sunway City Bandar (SunCity) and Sunway Holdings Bandar on 23 August 2011.[1]
Sunway Holdings Incorporated Bandar 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
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 8 different educational institutions, which are Monash University Malaysia, 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.