Bursa Announcements

Date : 04 March 2015

OTHERS SUNWAY BERHAD (“SUNWAY”) - ACQUISITION OF SHARES IN ALPHA EMERALD SDN BHD BY SUNWAY CITY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SUNWAY

SUNWAY BERHAD

TypeAnnouncement
SubjectOTHERS
DescriptionSUNWAY BERHAD (“SUNWAY”)
- ACQUISITION OF SHARES IN ALPHA EMERALD SDN BHD BY SUNWAY CITY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SUNWAY

We wish to announce that pursuant to Chapter 9, Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Sunway City Sdn Bhd, a wholly-owned subsidiary of Sunway has on 4 March 2015, acquired two (2) ordinary shares of RM1/- each, representing 100% of the total issued and paid-up share capital of Alpha Emerald Sdn Bhd ("AESB") for a total consideration of RM2/-. 

 

AESB was incorporated on 31 December 2014 and its authorised and paid-up share capital are RM400,000/- and RM2/- respectively. Its intended principal activity is hotelier.

 

None of the directors or substantial shareholders of Sunway or persons connected with them has any interest, whether direct or indirect in the aforesaid acquisition.

 

This announcement is dated 4 March 2015.



Announcement Info

Company NameSUNWAY BERHAD  
Stock Name SUNWAY    
Date Announced4 Mar 2015  
CategoryGeneral Announcement
Reference NoSS-150304-53566

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