Friday, June 24, 2011

Sungei Way Corp's RM21.84m acquisition

KUALA LUMPUR: Sungei Way Corporation Sdn Bhd paid RM21.84 million to acquire 8.4 million shares of SUNWAY HOLDINGS BHD [].

A filing with Bursa Malaysia showed Sungei Way Corp acquired the shares at RM2.60 apiece from the open market on June 20.

The latest acquisition increased Sungei Way Corp's shareholding to 42.46% or 248.79 million shares.

The share price closed at RM2.59 on that day.

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