Circular To Shareholders In Relation To Part A: (i) Proposed Acquisition Of A Total Of 33% Equity Interest In Bangsar Hill Park Development Sdn Bhd ("BHPD") From Suez Capital Sdn Bhd And Dasar Temasek Sdn Bhd For A Total Cash Consideration Of RM71,415,000 ("Proposed Acquisition"); And (ii) Proposed Provision Of Financial Assistance Of Up To RM210.3 Million To BHPD Upon Completion Of The Proposed Acquisition ("Proposed Provision Of Financial Assistance") (collectively, The "proposals"); Part B: Independent Advice Letter From Mercury Securities Sdn Bhd To The Non-interested Shareholders Of The Company In Relation To The Proposals

BackMay 07, 2024
Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO PART A: (I) PROPOSED ACQUISITION OF A TOTAL OF 33% EQUITY INTEREST IN BANGSAR HILL PARK DEVELOPMENT SDN BHD ("BHPD") FROM SUEZ CAPITAL SDN BHD AND DASAR TEMASEK SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM71,415,000 ("PROPOSED ACQUISITION"); AND (II) PROPOSED PROVISION OF FINANCIAL ASSISTANCE OF UP TO RM210.3 MILLION TO BHPD UPON COMPLETION OF THE PROPOSED ACQUISITION ("PROPOSED PROVISION OF FINANCIAL ASSISTANCE") (COLLECTIVELY, THE "PROPOSALS"); PART B: INDEPENDENT ADVICE LETTER FROM MERCURY SECURITIES SDN BHD TO THE NON-INTERESTED SHAREHOLDERS OF THE COMPANY IN RELATION TO THE PROPOSALS

 

Please refer attachment below.

 


Announcement Info

Company Name SUNSURIA BERHAD
Stock Name SUNSURIA
Date Announced 07 May 2024
Category Document Submission
Reference Number DCS-07052024-00003

Attachments

  1. Sunsuria_-_Circular_(Proposed_Acquisition_and_Proposed_Provision_of_Financial_Assistance)_Part_1_20240507.pdf (Size: 1,884,966 bytes)
  2. Sunsuria_-_Circular_(Proposed_Acquisition_and_Proposed_Provision_of_Financial_Assistance)_Part_2_20240507.pdf (Size: 2,206,178 bytes)
  3. Sunsuria_-_EGM_Administrative_Guide_20240507.pdf (Size: 202,538 bytes)