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SunCity and Sunway to be delisted
by hlk Sat 20 Aug 2011, 12:31
PETALING JAYA: The shares of Sunway City Bhd (SunCity) and Sunway Holdings Bhd would be delisted from the Main Market of Bursa Malaysia on Aug 23, separate filings by CIMB Investment Bank Bhd and RHB Investment Bank Bhd to the stock exchange showed.
The merger, which was announced last November, involved cash and share swap of RM4.5bil made by Sunway Sdn Bhd, a company controlled by Tan Sri Jeffrey Cheah. The new entity would be known as Sunway Bhd.
The merger, which was announced last November, involved cash and share swap of RM4.5bil made by Sunway Sdn Bhd, a company controlled by Tan Sri Jeffrey Cheah. The new entity would be known as Sunway Bhd.
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