Sunway International Holdings Limited (SEHK:58) commences share repurchases on January 19, 2018, under the program mandated by the shareholders in the Annual General Meeting held on June 6, 2017. As per the mandate, the company is authorized to repurchase up to 535,708,324 shares, representing 10% of its issued share capital. Any repurchase will be made out of funds which are legally available for the purpose in accordance with the company’s memorandum of association, the Bye-Laws and the applicable laws and regulations of Bermuda. The authority shall expire at the earliest of the next Annual General Meeting, the date on which the next Annual general Meeting is required to be held or the date on which the authority is varied or revoked in a General Meeting. As of June 6, 2017, the company had 5,357,083,246 shares in issue.