| Type | Announcement |
| Subject | OTHERS |
| Description |
Sunsuria Berhad ("Sunsuria" or "Company") - Proposed Joint Venture between Sunsuria Arena Sdn Bhd, a wholly-owned subsidiary of Sunsuria, Deluxe Indulgence Sdn Bhd and Yap Soon Han ("Proposed Joint Venture")
|
|
We refer to the announcement dated 22 February 2019 in relation to the Proposed Joint Venture (“Announcement”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcement. The Company wishes to announce that the subscription of shares in Sunsuria City Amenities Sdn Bhd (“SCASB”), the joint venture company for the Proposed Joint Venture has been completed following the allotment and issuance of 9,998 ordinary shares in SCASB to SASB, DISB and YSH at an issue price of RM1.00 per ordinary share on 29 March 2019. Subsequent to the said subscription of shares, the total shareholdings held by SASB, DISB and YSH in SCASB are as follows: |
|
|
Name of Shareholder |
Number of Ordinary Shares before allotment |
Number of Ordinary Shares allotted |
Total number of Ordinary Shares held after allotment |
Percentage |
|
SASB |
2 |
8,498 |
8,500 |
85.00% |
|
DISB
|
- |
1,000 |
1,000 |
10.00% |
|
YSH |
- |
500 |
500 |
5.00%
|
|
Total |
2 |
9,998 |
10,000 |
100.00% |
Further to the abovementioned subscription of shares, SCASB is now a 85%-owned indirect subsidiary of the Company. This announcement is dated 29 March 2019.
Announcement Info
| Company Name | SUNSURIA BERHAD |
| Stock Name | SUNSURIA |
| Date Announced | 29 Mar 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-25032019-00043 |