WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON") - VOLUNTARY DISSOLUTION OF SUNWAY ANEKA PERTAMA GEOTECHNICS (PH), INC ("SAPGEO"), A 43%-OWNED JOINT VENTURE COMPANY OF SUNWAY GEOTECHNICS (M) SDN BHD, WHICH IN TURN IS AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF SUNCON
| SUNWAY CONSTRUCTION GROUP BERHAD |
| Type | Announcement |
| Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
| Description | SUNWAY CONSTRUCTION GROUP BERHAD ("SUNCON")
- VOLUNTARY DISSOLUTION OF SUNWAY ANEKA PERTAMA GEOTECHNICS (PH), INC ("SAPGEO"), A 43%-OWNED JOINT VENTURE COMPANY OF SUNWAY GEOTECHNICS (M) SDN BHD, WHICH IN TURN IS AN INDIRECT WHOLLY-OWNED SUBSIDIARY OF SUNCON |
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We refer to our announcement dated 26 May 2023 in relation to the voluntary dissolution of SAPGEO, a 43%-owned joint venture company of Sunway Geotechnics (M) Sdn Bhd, which in turn is an indirect wholly-owned subsidiary of SunCon.
SunCon wishes to announce that on 12 September 2025, the Philippines Securities and Exchange Commission has approved the voluntary dissolution of SAPGEO through an amendment to its Articles of Incorporation, which shortened its corporate term of existence to 14 February 2023. Accordingly, SAPGEO has dissolved.
This announcement is dated 23 October 2025.
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Announcement Info
| Company Name | SUNWAY CONSTRUCTION GROUP BERHAD |
| Stock Name | SUNCON |
| Date Announced | 23 Oct 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-23102025-00044 |