New acquisition, healthcare segment fuelling Sunningdale Tech: non-exec chairman Koh Boon Hwee
He does not rule out company’s potential return to SGX as part of providing a liquidity event for shareholders
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[SINGAPORE] Precision plastics engineering company Sunningdale Tech has continued to grow even after delisting from the Singapore Exchange (SGX) in 2021, and has now acquired an industry peer.
The company purchased Sanwa Group for an undisclosed sum on Aug 7, with the deal expected to grow Sunningdale’s revenue to S$850 million.
Sunningdale’s non-executive chairman Koh Boon Hwee liked this acquisition in particular as it allows a Singaporean company to remain in the hands of a Singapore business.
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