Bursa Announcements

Date : 04 March 2016

OTHERS SUNWAY BERHAD ("SUNWAY") - ACQUISITION OF SHARES IN PARADIGM FAIRVIEW SDN BHD AND PLATINUM GREENWAY SDN BHD BY SUNWAY CITY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SUNWAY

SUNWAY BERHAD

Type Announcement
Subject OTHERS
Description
SUNWAY BERHAD ("SUNWAY")
- ACQUISITION OF SHARES IN PARADIGM FAIRVIEW SDN BHD AND PLATINUM GREENWAY 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 2016, acquired the following ordinary shares of RM1/- each, representing 100% of the total issued and paid-up share capital of the below mentioned companies for a total cash consideration of RM4/-: 

 

Name of company

Date of incorporation

Authorised capital

Paid-up capital

Purchase Consideration

Intended principal activity

Paradigm Fairview Sdn Bhd

20/1/2016

 

RM400,000/- 

 

RM2/- 

RM2/-

Operation of a medical centre

Platinum Greenway Sdn Bhd

20/1/2016

 

RM400,000/- 

 

RM2/- 

RM2/-

Operation of a medical centre

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

 

This announcement is dated 4 March 2016.

 






Announcement Info

Company Name SUNWAY BERHAD
Stock Name SUNWAY
Date Announced 04 Mar 2016
Category General Announcement for PLC
Reference Number GA1-04032016-00040


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