The Company wishes to announce that Sunway Machineries Services Sdn Bhd ("SMSSB") and Sunway Visioneering Sdn Bhd ("SVSB"), the indirect wholly-owned subsidiaries of the Company, have on 11 August 2026, commenced member's voluntary winding up in accordance with Section 439(1)(b) of the Companies Act 2016. Mr Ng Cheong Seng, with business address at Level 5, Guoco Tower, 6 Jalan Damanlela, Damansara City, Bukit Damansara, 50490 Kuala Lumpur has been appointed as liquidator for the member's voluntary winding up of SMSSB and SVSB.
SMSSB was incorporated on 3 February 1994 with an issued share capital of RM1,500,000 comprising 1,500,000 ordinary shares. SMSSB has ceased its business operation and is currently dormant. The previous principal activity of SMSSB was investment holding.
SVSB was incorporated on 29 June 2016 with an issued share capital of RM2 comprising 2 ordinary shares. SVSB has ceased its business operation and is currently dormant. The previous principal activity of SVSB was to carry on and engage in the business of providing building information modelling (BIM) end-to-end solutions for project lifecycle.
The total cost of investment in SMSSB and SVSB was RM308,883.35 and RM2 respectively. There are no material losses or effects on the net assets per share and earnings per share of SunCon Group arising from the abovementioned liquidations.
This announcement is dated 11 August 2026.