| 02 Dec 03 |
Syarikat Shoib Properties Sdn Bhd entered into a Sale & Purchase Agreement with Unionplus Sdn Bhd for the acquisition of 2 pieces of land measuring 13.471 hectares located in Cheras for a total consideration of RM26 million. |
| 05 Nov 03 |
Sunway City (Ipoh) Sdn Bhd entered into a Memorandum of Understanding with Dairy Farm Giant Properties Sdn Bhd to outline the general principles and guidelines to be observed as a means of facilitating the working arrangements between the parties in respect of the construction and leasing of a retail complex building with a supermarket business in Ipoh. |
| 06 Oct 03 |
Suncity had entered into an Agreement with SunCon, a related party whereby SunCon delegates its obligations as developer (for which SunCon had been appointed as the turnkey contractor cum developer on 25 October 2002) for the development of a piece of land measuring approximately 40.4686 hectares at Puncak Perdana to Suncity. |
| 05 Sep 03 |
Sunway Bukit Gambier Sdn Bhd (formerly known as Casa Fareast Sdn Bhd) entered into 3 Sale and Purchase Agreements for the acquisition of 4 pieces of land measuring 23.511 acres located in Bukit Gambier, Pulau Pinang for a total consideration of RM61.7 million. |
| 08 Apr 03 |
Suncity entered into a Joint Venture Agreement with Sharikat Permodalan Kebangsaan Berhad ("SPKB") to develop several pieces of land measuring 120 acres at Bandar Menjalara into mixed residential development.
The Development shall be undertaken through a 50-50 joint venture company known as Alternative Entity Sdn Bhd. |
| 28 Jan 03 |
Suncity entered into a conditional sale and purchase agreement with Sunway Holdings Incorporated Berhad for the proposed acquisition of 17,075,100 ordinary shares of RM1.00 each representing 51% equity interest in Menara Sunway Sdn Bhd ("MSSB") from Suninc for a cash consideration of RM27,216,000, subject to adjustments, being the remaining shares not presently held by Suncity. Upon completion of the proposed acquisition, SunCity will hold 33,480,000 shares in MSSB, representing 100% equity interest in MSSB. |
