BURSA ANNOUNCEMENTS

Date : 18 September 2017

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

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.






Announcement Info

Company Name SUNWAY BERHAD
Stock Name SUNWAY
Date Announced 18 Sep 2017
Category General Announcement for PLC
Reference Number GA1-18092017-00022


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