Sunway is HLIB’s top pick within the sector


Sunway Pyramid Shopping Mall is one of the two key assets of Sunway REIT. The company

KUALA LUMPUR: Hong Leong Investment Bank Research (HLIB) has reiterated its “buy” call on Sunway Bhd as it has obtained a fast turnaround in approval process for its corporate exercise.

“We reiterate our ‘buy’ call as the above approvals will serve as strong share price support reinforced by long term re-rating value play given its diversified income streamand recent reclassification under trading/services sector,” HLIB said.

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