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SUNWAY INFRASTRUCTURE BERHAD ("SUNINFRA") - PROPOSED FULL AND FINAL SETTLEMENT TO THE RM2.01 BILLION AL-BAI BITHAMAN AJIL ISLAMIC DEBT SECURITIES ("BaIDS") ISSUED BY SISTEM LINGKARAN-LEBUHRAYA KAJANG SDN BHD ("SILK"), A WHOLLY-OWNED SUBSIDIARY OF SUNINFRA ("PROPOSED SETTLEMENT")

SUNWAY INFRASTRUCTURE BERHAD

Type

Announcement
SubjectSUNWAY INFRASTRUCTURE BERHAD ("SUNINFRA")
- PROPOSED FULL AND FINAL SETTLEMENT TO THE RM2.01 BILLION AL-BAI BITHAMAN AJIL ISLAMIC DEBT SECURITIES ("BaIDS") ISSUED BY SISTEM LINGKARAN-LEBUHRAYA KAJANG SDN BHD ("SILK"), A WHOLLY-OWNED SUBSIDIARY OF SUNINFRA ("PROPOSED SETTLEMENT")

Contents :

We refer to our announcement on 17 August 2007 in relation to the Proposed Settlement of the BaIDS.


We wish to announce that PB Trustee Services Berhad had vide a letter dated 7 September 2007 notified SILK that it has obtained BaIDSholders consent to grant Affin Investment Bank Berhad (“Affin”) an extension of time from 30 August 2007 to 14 September 2007 to obtain from the holders of approximately 31.54% of the nominal value of the BaIDS their irrevocable approval to Affin to satisfy condition a(i) of the Extraordinary Resolution that was carried on 17 August 2007.

This announcement is dated 7 September 2007.



Announcement Info

Company NameSUNWAY INFRASTRUCTURE BERHAD  
Stock Name SUNINFR    
Date Announced7 Sept 2007  
CategoryGeneral Announcement
Reference NoSI-070907-0B890


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