Bursa Announcements

Date : 28 February 2013

OTHERS SUNWAY BERHAD ("SUNWAY") (1) DISCLOSURE IN RELATION TO ANY AGREEMENT, ARRANGEMENT, JOINT VENTURE OR COLLABORATION FOR THE PURPOSE OF BIDDING FOR OR SECURING A PROJECT OR CONTRACT (COLLECTIVELY KNOWN AS "VENTURES") (2) STATUS OF MEMORANDUM OF UNDERSTANDING (“MOU”)

SUNWAY BERHAD

TypeAnnouncement
SubjectOTHERS
DescriptionSUNWAY BERHAD ("SUNWAY")
(1) DISCLOSURE IN RELATION TO ANY AGREEMENT, ARRANGEMENT, JOINT VENTURE OR COLLABORATION FOR THE PURPOSE OF BIDDING FOR OR SECURING A PROJECT OR CONTRACT (COLLECTIVELY KNOWN AS "VENTURES")
(2) STATUS OF MEMORANDUM OF UNDERSTANDING (“MOU”)
We refer to Bursa Malaysia Securities Berhad's (“Bursa Securities”) letter dated 4 August 2006 and wish to announce the status of progress of the Ventures of Sunway Group, details as set out in Table 1 below.
Pursuant to Chapter 9, Paragraph 9.29 of the Main Market Listing Requirements of Bursa Securities, we also wish to announce the status of the MOU, details as set out in Table 2 below.

Table 1

Date of First Announcement
Subject Matter
Status
11.01.2011Letter of Award from Housing and Development Board of Singapore in respect of the tender for the lease of land parcel at Yuan Ching Road for a 103-year lease term at S$131.6 million (equivalent to approximately RM314.91 million) which was jointly submitted by Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd (a subsidiary of Sunway) and SC Wong Holdings Pte Ltd (“the Project”).The Project has generated revenue, recognised and consolidated in the quarterly results of Sunway.
11.10.2011Letter of Award from Urban Redevelopment Authority of Singapore in respect of the tender of Land Parcel at Jalan Loyang Besar / Pasir Ris Rise, now to be known as Land Parcel 826 (“the Land”) for a 99-year lease term at S$140.96 million (equivalent to approximately RM345 million ) which was jointly submitted by Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd (a subsidiary of Sunway) and Oriental Worldwide Investments Inc. (“the Project”)The Project is in progress.
7.12.12Letter of Award from Urban Redevelopment Authority of Singapore in respect of the tender of Land Parcel at Thomson Road/Irrawaddy Road for a 99-year lease term at S$492.5 million (equivalent to approximately RM1,231.25 million) to Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd (a subsidiary of Sunway) and Hoi Hup J.V. Development Pte Ltd, which jointly submitted the tender (“the Project”).The Project is in progress.
7.01.13Letter of award from IDR Assets Sdn Bhd worth RM44.99 million to Sunway Construction Sdn Bhd (a subsidiary of Sunway) for the proposed design, construction and completion of package 11 - LEGOLAND Water Theme Park development located on part of the land under Lot PTD 170656 and Lot PTD 170659, Mukim Pulai, Daerah Johor Bahru, Johor Darul Ta’zim on “Design and Build” Works (“the Project”).No update since the last announcement made on 7 January 2013.
23.01.13Letter of award from Sunway Real Estate Investment Trust worth RM258.4 million, appointing Sunway Construction Sdn Bhd (a subsidiary of Sunway) as project delivery partner for the planning, coordination, construction and completion of the proposed extension and refurbishment of Sunway Putra Mall on Lot No 38, Seksyen 51, Jalan Putra, Wilayah Persekutuan, Kuala Lumpur (“the Project”).No update since the last announcement made on 23 January 2013.

Table 2

Date of First Announcement
Subject Matter
Status
08.10.2007MOU dated 3 October 2007 between Sunway Holdings Sdn Bhd (a subsidiary of Sunway) and the Government of the Republic of Trinidad and Tobago to record their mutual understanding and commitment to enter into commercial discussions with each other in respect of certain agreed areas of collaboration pending the negotiation and execution of the relevant binding agreements.No update since the last announcement made on 29 November 2012.
22.10.2010MOU dated 22 October 2010 between Sunway Holdings Sdn Bhd (a subsidiary of Sunway) and Shanghai Zhushengyuan Real Estate Co. Ltd for the purpose of exploring the feasibility of a mixed development project comprising commercial and residential units in “Wuguang New City” in Wuguangxincheng, Changsha, China and other projects in China.No update since the last announcement made on 29 November 2012.
21.06.2012Memorandum of Agreement dated 21 June 2012 between Sunway Spun Pile (Zhuhai) Co. Ltd (a subsidiary of Sunway) and Concrete Engineering Products Berhad for a potential collaboration on the production, marketing and sales of the parties’ respective products by leveraging on each other’s experience, expertise and production know-how.No update since the last announcement made on 29 November 2012.

This announcement is dated 28 February 2013.


Announcement Info

Company NameSUNWAY BERHAD  
Stock Name SUNWAY    
Date Announced28 Feb 2013  
CategoryGeneral Announcement
Reference NoSS-130228-7ED24

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