BURSA ANNOUNCEMENTS

Date : 10 October 2017

OTHERS SUNWAY BERHAD ("SUNWAY") - ACQUISITION OF SHARE IN BIDARA CAHAYA RESOURCES SDN BHD BY SUNWAY HOLDINGS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SUNWAY

SUNWAY BERHAD

Type Announcement
Subject OTHERS
Description
SUNWAY BERHAD ("SUNWAY")
- ACQUISITION OF SHARE IN BIDARA CAHAYA RESOURCES SDN BHD BY SUNWAY HOLDINGS 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 Holdings Sdn Bhd, a wholly-owned subsidiary of Sunway has on 10 October 2017, acquired 1 ordinary share, representing 100% of the total issued and paid-up share capital of Bidara Cahaya Resources Sdn Bhd ("BCRSB”) for a total consideration of RM1/-. 

BCRSB was incorporated on 9 August 2017 and its issued and paid-up share capital is RM1/- comprising 1 ordinary share. Its intended principal activities are manufacturing and marketing of concrete related products.

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

This announcement is dated 10 October 2017.






Announcement Info

Company Name SUNWAY BERHAD
Stock Name SUNWAY
Date Announced 10 Oct 2017
Category General Announcement for PLC
Reference Number GA1-10102017-00012


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