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Revision as of 13:28, 31 December 2024 by 60.53.34.119 (talk)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff) Malaysian conglomerate company For other uses, see Sunway. | This article contains promotional content. Please help improve it by removing promotional language and inappropriate external links, and by adding encyclopedic text written from a neutral point of view. (August 2020) (Learn how and when to remove this message) |
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| Native name | Sunway Berhad 双威集团 |
|---|---|
| Company type | Public limited company |
| Traded as | MYX: 5211 |
| ISIN | MYL5211OO007 |
| Industry | Conglomerate |
| Founded | 1974; 51 years ago (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 Berhad, Chinese: 双威集团) is a Malaysian conglomerate company. It is currently headquartered at Sunway City, Subang Jaya, Selangor, Malaysia.
History
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
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.
Sunway Property is the property development arm of Sunway Group. Established in 1974, Sunway Property is one of the top multinational property development and construction corporations in Malaysia, with presence in over 50 locations worldwide. Their businesses encompass various countries such as Malaysia, China, Singapore, Cambodia and Vietnam. Sunway Property is the master developer of Sunway City, Sunway City Ipoh, Sunway Penang and Sunway Iskandar.
More about Sunway
- Sunway Pyramid
- Sunway Putra Mall
- Sunway Velocity
- Sunway Carnival Mall
- Sunway City Ipoh
- Sunway College
- Sunway University
- Sunway Lagoon
- Sunway Lost World Of Tambun, Ipoh
- Sunway Medical Centre Penang
- Sunway Ipoh Mall
- Sunway Medical Centre Ipoh
- Sunway City Iskandar Puteri
- Sunway Big Box Retail Park
- Sunway Kluang Mall
Controversies
Animal cruelty allegations
Caged eggs in Sunway Group's global supply chain
Sunway Group's hospitality arm Sunway Hotels & Resorts which operates 11 hotels and resorts under its wing, located across Malaysia, Cambodia and Vietnam, has been facing negative publicity for using of battery-cage eggs in its supply chain. Due to the cruel conditions on those farms, as well as the health risks associated with eggs produced in battery cages, the European Union Council Directive 1999/74/EC banned caged farms back in 2012.
References
- "About Us - Company | Sunway Property". www.sunwayproperty.com. Retrieved 2024-11-19.
- "Sunway Hotels & Resorts | Holiday resort in Southeast Asia". www.sunwayhotels.com. Retrieved November 11, 2024.
- "60% of Leading Hotel Groups in Malaysia Now Committed to Source Only Cage-Free Eggs – Yellow Bees". Yellow Bees. July 9, 2024. Retrieved November 27, 2024.
- "Sunway Hotels and Resorts: Food safety risks and animal cruelty". Sunway Hotels and Resorts: Filth and Cruelty. Retrieved November 27, 2024.