Key Developments: Sunway Bhd (SWAY.KL)

SWAY.KL on Kuala Lumpur Stock Exchange

3.25MYR
18 Dec 2014
Price Change (% chg)

RM0.07 (+2.20%)
Prev Close
RM3.18
Open
RM3.26
Day's High
RM3.27
Day's Low
RM3.24
Volume
326,900
Avg. Vol
--
52-wk High
--
52-wk Low
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Latest Key Developments (Source: Significant Developments)

Sunway Bhd 's subsidiaries entered into sale and purchase agreement
Sunday, 7 Dec 2014 07:00pm EST 

Sunway Bhd:Says subsidiary Sunway Biz Hotel Sdn Bhd entered into sale and purchase agreement (1st SPA) with Trustee to dispose 2 parcels of freehold land.Says subsidiaries SunwayMas Sdn Bhd (SMSB) and Daksina Harta Sdn Bhd entered into sale and purchase agreement (2nd SPA) with Trustee to dispose of all individual strata titles for various floors/storeys of all that office building.In addition, SBH had simultaneously with 1st SPA, entered into master lease agreement (MLA) on Dec.8 with Trustee and Sunway REIT Management Sdn Bhd, as Manager of Sunway REIT.For leaseback of Sunway Hotel Georgetown Property from Trustee for period of 10 years commencing from commencement date (as defined below) with an option to renew for further term of 10 years.  Full Article

Sunway Bhd announces ownership interest of Sungei Way Corporation Sdn Bhd
Thursday, 4 Dec 2014 07:00pm EST 

Sunway Bhd:Says Sungei Way Corporation Sdn Bhd holds 861,699,999 units which represents 50.1 pct of the direct units of the company.  Full Article

Sunway Bhd announces ownership interest of Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling, AO
Thursday, 4 Dec 2014 07:00pm EST 

Sunway Bhd:Says Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling, AO holds 77,238,939 shares which represents 4.49 pct of the direct units of the company.  Full Article

Sunway Bhd announces holding interest of Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling, AO
Sunday, 30 Nov 2014 07:00pm EST 

Sunway Bhd:Says Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling, AO holds 77,238,939 shares which represents 4.49 pct of the direct units of the company.  Full Article

Sunway Bhd announces holding interest of Sungei Way Corporation Sdn Bhd
Sunday, 30 Nov 2014 07:00pm EST 

Sunway Bhd:Says Sungei Way Corporation Sdn Bhd holds 860,199,999 shares which represents 50.01 pct of the direct units of the company.  Full Article

Sunway Bhd announces ownership interest of AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera
Sunday, 23 Nov 2014 07:00pm EST 

Sunway Bhd:Says AmanahRaya Trustees Berhad - Skim Amanah Saham Bumiputera holds 86,000,000 shares which represents 5 pct of the direct units of the company.  Full Article

Sunway Bhd announces ownership interest of Employees Provident Fund Board
Wednesday, 19 Nov 2014 07:00pm EST 

Sunway Bhd:Says Employees Provident Fund Board holds 97,652,365 shares which represents 5.68 pct of the direct units of the company.  Full Article

Sunway Bhd announces disposal of equity interest by Sunway Global Ltd
Tuesday, 11 Nov 2014 07:00pm EST 

Sunway Bhd:Says Sunway Global Ltd, subsidiary on Nov. 12 entered into sale and purchase agreement with Hong Kong Cheung Hung Metal & Plastic Products Co. Ltd.For the disposal of its 100 pct equity interest in Sunway Building Materials (Shanghai) Co Ltd.Disposal for total cash consideration of 5.5 mln Yuan.  Full Article

Sunway Bhd 's subsidiary updates on proposed disposal of Sunway Construction Sdn Bhd to Sunway Construction Group bhd
Thursday, 6 Nov 2014 07:00pm EST 

Sunway Bhd:Refers to the announcement made earlier, in relation to proposed disposal of Sunway Construction Sdn Bhd (Suncon) by Sunway Holdings Sdn Bhd (Sunholdings), a subsidiary of the company, to Sunway Construction Group bhd, a subsidiary of Sunholdings (SCG).Says as stipulated in the initial announcement, SCG and SunHoldings will undertake the proposed transfer of SunCon prior to the proposed offering and the proposed listing.Hence, on Nov. 07, SCG and SunHoldings have entered into a conditional share sale agreement setting out the terms and conditions of the Proposed Transfer of SunCon.Says SunHoldings will sell and transfer its entire 193,954,000 ordinary shares in SunCon to SCG at an aggregate sale and purchase consideration of 258,580,000 Ringgit, which will be satisfied entirely via the issuance of 1,292,900,000 new SCG shares at an issue price of 0.20 Ringgit per SCG Share.  Full Article

Sunway Bhd proposes internal reorganisation
Tuesday, 4 Nov 2014 07:00pm EST 

Sunway Bhd:Says Sunway Holdings Sdn Bhd, a wholly-owned subsidiary of Sunway, has entered into a share sale agreement with Sunway Concrete Products (S) Pte Ltd.Says which is an indirect wholly-owned subsidiary of Sunway Construction Sdn Bhd, to acquire the 30 pct of the equity interest of Hoi Hup Sunway Development Pte Ltd for a purchase consideration of SGD300,000.00.  Full Article

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