Sunway Bhd.MYX: SUNWAY

Sunway Plans To Raise Fund Via Share Private Placement

· Issued by Sunway Bhd.

Sunway Co Ltd SSE:603333:

  • SAYS IT PLANS TO RAISE FUND OF UP TO 1.1 BILLION YUAN ($153.22 million) VIA SHARE PRIVATE PLACEMENT TO CONTROLLING SHAREHOLDER TO FUND PROJECTS, BOOST CAPITAL

($1 = 7.1794 Chinese yuan renminbi)