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Sunway Unit to Buy Shares in Iskandar Assets, Sunway Iskandar Development
Sunway (KLSE:SUNWAY) unit Sunway City signed share transactions deal with Iskandar Assets and Sunway Iskandar Development, according to a Monday bourse filing. Under the deal, Sunway City will buy 770
MY Morning Wrap | RHB Keeps "Overweight" on Construction Sector on Status Quo After State Polls
Stocks to watch: Malayan Banking, Maxis, Sime Darby, Sunway
Iris Corp, Sime Darby, Maxis, Berjaya Food, KLCC Stapled Group, Sunway and Astro Malaysia
Here is a brief recap of some corporate announcements that made news on Monday (Aug 14) involving Iris Corp Bhd, Sime Darby Bhd, Maxis Bhd, Berjaya Food Bhd, KLCC Stapled Group Bhd, Sunway Bhd and Astro Malaysia Holdings Bhd
Sunway to Acquire Sunway Iskandar for RM85m to Develop Sunway City Iskandar Puteri
Sunway Bhd's wholly-owned unit Sunway City Sdn Bhd (SunCity) is acquiring Sunway Iskandar Development Sdn Bhd (SIDSB) from Iskandar Assets Sdn Bhd (IASB) for some RM85 million by way of purchasing shares and subscription of preference shares of SIDSB. According to the property developer group's filing on Monday (Aug 14), SunCity under a share transactions agreement (STA), has proposed to acquire 40% stake or 770,450 SIDSB shares for RM770,450 and subscribe for 84.23 million non-convertible non-cumulative redeemable preference shares (NCRPS) in SIDSB for RM84.23 million.
SUNWAY'S UNIT INKS SHARE TRANSACTIONS AGREEMENT WITH IASB AND SIDSB
Sunway International to Widen Loss in H1
Sunway International Holdings (HKG:0058) expects its loss for the six months ended June 30 to rise by at least HK$10 million from a year ago, according to a Friday filing. The ready-mixed concrete man
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