Sunway Construction Wins RM1.04 Billion MEP Fit-Out Contracts From US Technology Multinational, Lifting FY2027 Order Book to RM6.85 Billion

KUALA LUMPUR, Aug 21, 2026 — Sunway Construction Group Bhd (KL:SUNCON), the Malaysian construction group, has secured RM1.04 billion worth of orders to provide mechanical, electrical and plumbing (MEP) fit-out works for two projects from a multinational technology company based in the United States, the company said in a bourse filing reported by The Edge Malaysia.

Terms of the award

The works are scheduled to commence immediately and be completed by March 2028, Sunway Construction said in its filing with the stock exchange. The letter of award, received on Friday, Aug 21, 2026, also serves as the notice to commence works, so no separate start instruction is required. The identity of the client was not disclosed, nor was the exact location of the two projects — the filing identifies the customer only as a multinational technology company based in the US.

Key figures of the announcement

• Contract value: RM1.04 billion for mechanical, electrical and plumbing fit-out works on two projects.
• Client: an unnamed multinational technology company based in the United States.
• Schedule: works commence immediately; completion by March 2028.
• FY2027 order book: the latest award raises new order wins for the financial year ending March 31, 2027 to RM6.85 billion.
• First-quarter profit: net profit for 1QFY2026 (quarter ended March 31, 2026) rose 56.4% year on year, to RM118.41 million from RM75.72 million in 1QFY2025.
• Shares: closed 25 sen, or 3.07%, lower at RM7.90 on Friday; still up 38.84% this year, with a market capitalisation of RM10.5 billion.

Order book reaches RM6.85 billion for FY2027

The latest award lifts Sunway Construction's new order wins for the financial year ending March 31, 2027 (FY2027) to RM6.85 billion. For a contractor whose business spans building construction and specialised engineering works, the scale of the new wins shows how demand from technology-sector clients — including large fit-out packages for their facilities — has become a major source of order-book growth.

Profit up despite lower revenue

The builder reported a 56.4% year-on-year jump in its first-quarter net profit despite lower revenue, as it executed higher-margin, specialised projects, combined with a rebound in its precast concrete segment. Net profit for the quarter ended March 31, 2026 (1QFY2026) rose to RM118.41 million from RM75.72 million in the year-earlier quarter.

Market reaction

Shares of Sunway Construction closed 25 sen, or 3.07%, lower at RM7.90 on Friday, the day the letter of award was received. The stock is nevertheless up 38.84% this year, giving the company a market capitalisation of RM10.5 billion.

Company and contacts

Sunway Construction Group Bhd

Contact: corporate communications of Sunway Construction Group Bhd — the contract award was announced by the company in a bourse filing and reported by The Edge Malaysia; the source article published no corporate phone or e-mail contacts.

Website: https://www.sunwayconstruction.com.my/