Bursa Announcements
OTHERS SUNWAY BERHAD ("SUNWAY") - SHARE SALE AGREEMENT BETWEEN SUNWAY HOLDINGS SDN BHD (A WHOLLY-OWNED SUBSIDIARY OF SUNWAY) AND KHOO AH THIM @ KHOO CHAI THIAM, KHOO CHAI EE, KHOO CHAI HENG, KHOO CHAI KIAT, KHOO CHAI PEK, LEE BANG SING, PENG GAI HOCK, SOH TIAN SONG AND TOH SOON SENG
| SUNWAY BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | SUNWAY BERHAD ("SUNWAY")
- SHARE SALE AGREEMENT BETWEEN SUNWAY HOLDINGS SDN BHD (A WHOLLY-OWNED SUBSIDIARY OF SUNWAY) AND KHOO AH THIM @ KHOO CHAI THIAM, KHOO CHAI EE, KHOO CHAI HENG, KHOO CHAI KIAT, KHOO CHAI PEK, LEE BANG SING, PENG GAI HOCK, SOH TIAN SONG AND TOH SOON SENG |
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We refer to our announcements dated 9 April 2015, 15 September 2015 and 18 September 2015 in relation to the acquisition of 5,373,983 ordinary shares, representing 80% of the total issued and paid-up share capital (“Sale Shares”) of Sunway Winstar Sdn Bhd (formerly known as Winstar Trading Sdn Bhd) (“SWSB”) by Sunway Holdings Sdn Bhd (“SunHoldings”), a wholly-owned subsidiary of Sunway. The second tranche of the Sale Shares comprising 671,750 ordinary shares of SWSB at the consideration of RM12,822,750/- was completed on 18 September 2017. Consequently, SunHoldings and its wholly-owned subsidiary, Sunway Marketing Sdn Bhd, have increased their aggregated shareholdings in SWSB from 60% to 70% as at 18 September 2017. This announcement is dated 18 September 2017. |
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Announcement Info
| Company Name | SUNWAY BERHAD |
| Stock Name | SUNWAY |
| Date Announced | 18 Sep 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-18092017-00022 |