(Source: Sunway Bhd) 1. INTRODUCTION The Board of Directors of Sunway wishes to announce that Sunway City (Penang) Sdn Bhd ("SCP"), a wholly-owned subsidiary of Sunway City Sdn Bhd which in turn is wholly-owned by Sunway, was successful in bidding for the following 4 parcels of land held under the following titles together with the existing buildings, plant nurseries and other structures erected thereon from C. H. Williams Talhar & Wong, the Property Agent for Luxor Precision Sdn Bhd ("LPSB") for a total purchase consideration of RM267,418,000/- ("Proposed Acquisition"): a) Lot No. 1385, Tempat Relau, Mukim 13, Daerah Timor Laut, Pulau Pinang held under Geran Mukim No. 264 measuring...
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