Sunway Group(Malay:Sunway Berhad,Chinese:Song uy tập đoàn) is a Malaysianconglomeratecompany. It is currently headquartered atSunway City,Subang Jaya, Selangor,Malaysia.

Sunway Group
Native name
Sunway Berhad
Song uy tập đoàn
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 billionMYR2018
(Increase6.2%)
Number of employees
16,000+
Websitesunway.my

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 theBandar Sunwaytownship inPetaling Jaya.It was listed onBursa MalaysiaSecurities Bandar on 16 February 1984.Sunway City Berhadon 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 maintainsproperty developmentand 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 inBandar Sunway.These include two main hotels: Sunway Resort Hotel and Spa and the Pyramid Tower Hotel. Other tourism-related facilities include theSunway Pyramidshopping mall andSunway Lagoontheme 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 inMalaysia,with presence in over 50 locations worldwide. Their businesses encompass various countries such as Malaysia,China,Singapore,CambodiaandVietnam.Sunway Property is the master developer of Sunway City, Sunway City Ipoh, Sunway Penang and Sunway Iskandar.[1]

More about Sunway

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Controversies

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Animal cruelty allegations

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Caged eggs in Sunway Group's global supply chain

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Sunway Group's hospitality armSunway Hotels & Resorts[2]which operates 11 hotels and resorts under its wing, located across Malaysia, Cambodia and Vietnam, has been facing negative publicity for using ofbattery-cageeggs in its supply chain.[3][4]Due to the cruel conditions on those farms, as well as the health risks associated with eggs produced in battery cages, theEuropean Union Council Directive 1999/74/ECbanned caged farms back in 2012.

References

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  1. ^"About Us - Company | Sunway Property".sunwayproperty.Retrieved2024-11-19.
  2. ^"Sunway Hotels & Resorts | Holiday resort in Southeast Asia".sunwayhotels.RetrievedNovember 11,2024.
  3. ^"60% of Leading Hotel Groups in Malaysia Now Committed to Source Only Cage-Free Eggs – Yellow Bees".Yellow Bees.July 9, 2024.RetrievedNovember 27,2024.
  4. ^"Sunway Hotels and Resorts: Food safety risks and animal cruelty".Sunway Hotels and Resorts: Filth and Cruelty.RetrievedNovember 27,2024.{{cite web}}:CS1 maint: url-status (link)
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