Taliworks added that RM626.1 million of the total sale consideration has been paid by Starbright to its wholly-owned unit Sungai Harmoni Sdn Bhd, from the proceeds of the asset-backed medium term notes the SPV had previously issued, to purchase the receivables. Taliworks Corp Bhd today clarified that its receivables due from Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (Splash) was sold to special purpose vehicle (SPV) Starbright Capital Bhd, for RM660 million. Of the RM3.5 billion property launches, Cheah said RM1 billion will be in Malaysia and RM2.4 billion or 70% will be in Singapore. The group’s property division managing director Sarena Cheah said the sales target was an increase from its 2019 target, when Sunway Property surpassed its sales targets of RM1.3 billion to reach RM1.55 billion. Sunway Property, the property arm of Sunway Bhd, is targeting RM2 billion in sales, while launching RM3.5 billion worth of properties this year. KUALA LUMPUR (Jan 7): Based on corporate announcements and news flow today, stocks in focus tomorrow (Wednesday, Jan 8) may include: Sunway Bhd, Taliworks Corp Bhd, DRB-Hicom Bhd, London Biscuits Bhd, GFM Services Bhd and AirAsia Group Bhd.