Bursa Announcements
Date : 03 April 2015
Circular/Notice to Shareholders
| SUNWAY BERHAD |
|
Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED DISTRIBUTION OF AT LEAST 155,966,700 ORDINARY SHARES OF RM0.20 EACH IN SUNWAY CONSTRUCTION GROUP BERHAD (“SCG”) ("DISTRIBUTION SHARES") TO BE HELD BY OUR COMPANY TO THE ENTITLED SHAREHOLDERS OF OUR COMPANY BY WAY OF DIVIDEND-IN-SPECIE ON THE BASIS OF 1 DISTRIBUTION SHARE FOR EVERY 10 EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN OUR COMPANY AS AT 5.00 P.M. ON AN ENTITLEMENT DATE TO BE DETERMINED LATER; (II) PROPOSED OFFER FOR SALE OF UP TO 415,264,600 ORDINARY SHARES OF RM0.20 EACH IN SCG (“OFS SHARES”) HELD BY SUNWAY HOLDINGS SDN BHD, OUR WHOLLY-OWNED SUBSIDIARY, IN THE FOLLOWING MANNER: (A) INSTITUTIONAL OFFERING OF UP TO 344,155,100 OFS SHARES TO MALAYSIAN AND FOREIGN INSTITUTIONAL AND SELECTED INVESTORS, INCLUDING BUMIPUTERA INVESTORS APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY AT THE INSTITUTIONAL PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING; AND (B) RETAIL OFFERING OF 71,109,500 OFS SHARES TO THE ELIGIBLE DIRECTORS AND EMPLOYEES OF SCG AND ITS SUBSIDIARIES AND OUR COMPANY AND THE MALAYSIAN PUBLIC; AND (III) PROPOSED LISTING OF SCG ON THE MAIN MARKET OF BURSA SECURITIES AND NOTICE OF EXTRAORDINARY GENERAL MEETING |
Announcement Info
| Company Name | SUNWAY BERHAD |
| Stock Name | SUNWAY |
| Date Announced | 3 Apr 2015 |
| Category | PDF Submission |
| Reference No | MI-150403-42022 |