News for Sunwah International Limited (SWH.TO)

27, 2021 /CNW/ - Sunwah International Limited (the "Company") announces that on February 27, 2021, it entered into an agreement (the "Agreement") with Sun Wah Capital Limited ("Sun Wah Capital") to privatize by way of share consolidation and purchase under Bermuda corporate law (the "Transaction"). Pursuant to the Agreement, the Company will complete a share consolidation and then compulsorily purchase all common shares, other than the common shares held by Sun Wah Capital, for cash consideration of $0.