TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SUNVIEW GROUP BERHAD ("SUNVIEW" OR THE "COMPANY") PROPOSED ACQUISITION OF 10,000,000 ORDINARY SHARES IN JAKS SOLAR NIBONG TEBAL SDN BHD ("JSNT") REPRESENTING THE ENTIRE EQUITY INTEREST IN JSNT, BY SUNVIEW ASSET MANAGEMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SUNVIEW, FROM JAKS SOLAR POWER SDN BHD FOR CASH CONSIDERATION OF RM15.00MILLION AND THE SETTLEMENT OF AMOUNT OWING BY JSNT OF UP TO RM40.00MILLION ("PROPOSED ACQUISITION")
| SUNVIEW GROUP BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | SUNVIEW GROUP BERHAD ("SUNVIEW" OR THE "COMPANY")
PROPOSED ACQUISITION OF 10,000,000 ORDINARY SHARES IN JAKS SOLAR NIBONG TEBAL SDN BHD ("JSNT") REPRESENTING THE ENTIRE EQUITY INTEREST IN JSNT, BY SUNVIEW ASSET MANAGEMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SUNVIEW, FROM JAKS SOLAR POWER SDN BHD FOR CASH CONSIDERATION OF RM15.00MILLION AND THE SETTLEMENT OF AMOUNT OWING BY JSNT OF UP TO RM40.00MILLION ("PROPOSED ACQUISITION") |
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On behalf of the Board of Directors of Sunview, Hong Leong Investment Bank Berhad wishes to announce that on 9 January 2026, Sunview Asset Management Sdn Bhd has entered into a conditional share sale agreement with JAKS Solar Power Sdn Bhd, an indirect wholly-owned subsidiary of JAKS Resources Berhad, for the Proposed Acquisition.
Please refer to the attachment for details on the Proposed Acquisition.
This announcement is dated 12 January 2026. |
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Please refer attachment below.
Announcement Info
| Company Name | SUNVIEW GROUP BERHAD |
| Stock Name | SUNVIEW |
| Date Announced | 12 Jan 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09012026-00031 |