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Sunway Hldgs buys Hoi Hup Sunway stake

KUALA LUMPUR: Sunway Holdings Sdn Bhd has entered into a share sale agreement with Sunway Concrete Products, indirect wholly-owned subsidiary of Sunway Construction Sdn Bhd, to acquire the 30 per cent of the equity interest of Hoi Hup Sunway Development Pte Ltd for a purchase consideration of RM775,121. The payment will be satisfied entirely in cash by Sunway Holdings.

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