Sunsuria to get RM59mil from put option


PETALING JAYA: Property developer Sunsuria Bhd will receive total cash proceeds of RM59.38mil after exercising a put option entered earlier.

The put option will see Creed Investments Pte Ltd purchasing Concord Property Management Sdn Bhd for a cash consideration of RM38.1mil and 0.95% of CI Medini for a cash consideration of RM1.85mil from Sunsuria.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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Business , Sunsuria , put option , sale , stocks , shares ,

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