Bursa Announcements

Date : 09 November 2015

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SUNWAY BERHAD ("SUNWAY") COMPLETION ON SHARE SALE AND PURCHASE AGREEMENT BETWEEN SUNWAY DIMENSION STONES SDN BHD (A SUBSIDIARY OF SUNWAY) AND KELANA RESORTS SDN BHD

SUNWAY BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description 
SUNWAY BERHAD ("SUNWAY")
COMPLETION ON SHARE SALE AND PURCHASE AGREEMENT BETWEEN SUNWAY DIMENSION STONES SDN BHD (A SUBSIDIARY OF SUNWAY) AND KELANA RESORTS SDN BHD

We refer to our announcement dated 11 May 2015 in relation to the acquisition of 293,653 ordinary shares of RM1/- each, representing 100% of the issued and paid-up share capital of Cleaver Fortune Sdn Bhd (“CFSB”) at a purchase consideration of RM282,636,030/- (“Proposed Share Acquisition”) by Sunway Dimension Stones Sdn Bhd (“SDSSB”), a wholly-owned subsidiary of Sunway.

The Proposed Share Acquisition by SDSSB was completed on 9 November 2015. Consequently, CFSB has become a wholly-owned subsidiary of SDSSB.

This announcement is dated 9 November 2015.



Announcement Info

Company Name SUNWAY BERHAD
Stock Name SUNWAY
Date Announced 09 Nov 2015
Category General Announcement for PLC
Reference Number GA1-09112015-00034


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