On the proposal of the scheme, Sunrise clarified that it was done to “secure Sunningdale [Tech’s] long-term future”.
Sunrise Technology has responded to a series of frequently asked questions (FAQs) with regard to the scheme of arrangement of Sunningdale Tech on the morning of Feb 4.
The FAQs covered topics such as an increase in the scheme consideration, other offers for Sunningdale, rationale for certain decisions, the choice to privatise at this time, and why was the scheme being proposed in the first place.
