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SUNWAY HOLDINGS INC TO REGAIN TOP SPOT IN QUARRY BUSINESS.

Asia Africa Intelligence Wire

(From Bernama The Malaysian National News Agency)

PETALING JAYA, Jan 14 (Bernama) -- Sunway Holdings Inc Bhd (SunInc) aims to regain its number one position in the quarry business within three to five years following its acquisition of a quarry company, said its managing director Yau Kok Seng.

Speaking to reporters at a media briefing today, he said the acquisition had enabled the company to re-enter into its old business segment, immediately as the acquisition was expected to be completed in May, 2005.

The company announced to Bursa Malaysia yesterday that it had signed an agreement on its acquisition of a quarry company, Setia Juta Quarry …

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