Sunningdale Tech

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Activist investor Quarz Capital Asia has sold more than half its share holdings in Sunningdale Tech as the company nears privatisation by its chairman Koh Boon Hwee and Novo Tellus chairm

Sunningdale chairman Koh Boon Hwee has successfully obtained shareholders’ approval to proceed with the privatisation of the company via offeror Sunrise Technology. 

Quarz Capital Asia, a substantial shareholder of Sunningdale Tech, has trimmed its stake in the company.

Renowned corporate figure Koh Boon Hwee is better known as the former chairman of a slew of Singapore’s largest government-linked companies, such as Singtel, DBS

While many industries suffer amid the Covid-19 induced downturn, the global tech industry seems to be enjoying a strong lift, as demand for digital services, as well as computing and networking equ

Loke Wai San, better known as the executive chairman of AEM Holdings, seems to be in an acquisitive mood, as he moves to take stakes in other companies within the broader electroni

Mainboard-listed Sunningdale Tech reported earnings or net profit attributable to shareholders of $10.4 million for the 3QFY2020 ended Sept 30, up 86.5% from the $5.6 million reported a year ago.

Sunningdale Tech said in a filing on Sept 8 that Quarz Capital Asia’s stake in Sunningdale crossed 5%. “Quarz has been a long term shareholder of Sunningdale Tech.

Precision plastic component manufacturer Sunningdale Tech reported earnings of $8.3 million for 1H20 ended June, from the losses of $292,000 the year before.