SUNWAY Holdings Incorporated Bhd (SunInc) plans to take its 63%-owned unit Sunway Construction Bhd (SunCon) private in a cash-and-share deal worth RM221.2mil.
The move was a key part of SunInc's ongoing restructuring exercise to become a more focused conglomerate and part of the group's plans to expand regionally, said SunInc managing director Yau Kok Seng.
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