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BRIEF-Sunway says unit to buy 50,000 ordinary shares held by EPF board in Sunway South Quay
October 24, 2017 / 10:15 AM / 2 months ago

BRIEF-Sunway says unit to buy 50,000 ordinary shares held by EPF board in Sunway South Quay

Oct 24 (Reuters) - Sunway Bhd

* Unit to buy 50,000 ordinary shares held by employees provident fund board in Sunway South Quay Sdn Bhd for 136.6 million RGT‍​

* Proposed acquisition is not expected to have any immediate material effect on EPS for FY ending 31 Dec 2017

* Unit to repay, on behalf of Sunway South Quay, 73.4 million RGT towards settlement of Musyarakah Capital invested by EPF in SSQ Source text :(bit.ly/2xjwLxI) Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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