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.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Sunsuria , put option , sale , stocks , shares ,

Next In Business News

U Mobile and TM hold 5G kick-off meeting
Aeon Credit records higher FY26 net profit of RM386mil
Maybank ready to aid customers
Empire Premium IPO oversubscribed
No shocks for stocks
5E Resources IPO oversubscribed
AWC unit bags RM22mil deal
Ringgit closes nearly flat versus greenback
Sersol in RM16mil hardware supply deal with Zetrix
Joe Holding plans to diversify into trading and F&B

Others Also Read