Transactions (Chapter 10 Of Listing Requirements) : Related Party Transactions

BackMay 02, 2018
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description

Sunsuria Berhad ("Sunsuria" or "Company") - Proposed Joint Venture between Sunsuria Gateway Sdn Bhd and Genlin Development Sdn Bhd via Goodwill Signature Sdn Bhd for the Development of Two Pieces of Freehold Land Measuring Total Area of Approximately 2.23 Acres Located at Sentul, Kuala Lumpur ("Proposed JV")

We refer to the announcement dated 26 July 2017 in relation to the Proposed JV (“Announcement”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcement.

The Board of Directors of Sunsuria wishes to announce that the Proposed Land Acquisition has been completed and the registration of the transfer of the Land titles in favour of the Proposed JV, Sunsuria Genlin Development Sdn Bhd (‘Sunsuria Genlin”) was made on 14 March 2018. Sunsuria Genlin has on 30 April 2018 received the duly registered original document of the Land titles.

The announcement is dated 2 May 2018.

 

Announcement Info

Company Name SUNSURIA BERHAD
Stock Name SUNSURIA
Date Announced 02 May 2018
Category General Announcement for PLC
Reference Number GA1-02052018-00094