| Type | Announcement |
| Subject | OTHERS |
| Description |
SUNSURIA BERHAD ("SUNSURIA" OR "THE COMPANY") PROPOSED JOINT VENTURE BETWEEN SUNSURIA CITY SDN BHD ("SCSB"), SUNSURIA GATEWAY SDN BHD ("SGSB") AND ORIDE (M) SDN BHD ("ORIDE") VIA SUNSURIA ORIDE SDN BHD ("SOSB") FOR THE PROPOSED JOINT VENTURE BUSINESS |
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The Board of Directors of Sunsuria Berhad ("Board") wishes to announce that its 99.99% owned indirect subsidiary, Sunsuria City Sdn Bhd ("SCSB") and its 99.99% owned direct subsidiary, Sunsuria Gateway Sdn Bhd ("SGSB") had on 18 August 2016 entered into a Joint Venture and Shareholders Agreement with Oride (M) Sdn Bhd ("Oride") to use the incorporated private limited company in Malaysia under the name of Sunsuria Oride Sdn Bhd ("SOSB") as a joint venture vehicle to carry on the Joint Venture Business as outlined in the Joint Venture and Shareholders Agreement.
The complete announcement is attached herewith.
This announcement is dated 18 August 2016. |
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| Company Name | SUNSURIA BERHAD |
| Stock Name | SUNSURIA |
| Date Announced | 18 Aug 2016 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09082016-00008 |
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