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    BHQ   SG1BJ1000004

SUNNINGDALE TECH LTD

(BHQ)
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Sunningdale Tech : Council, UFIC to Build Schools and Clinic

03/17/2020 | 05:11am EDT

Sunningdale and Kuwadzana high-density suburbs are set to benefit from schools, a clinic and a people's market that are being constructed by Agape Family Care (AFC), a charity arm of United Family International Church and Harare City Council.

AFC is building a secondary school and the people's market in Sunningdale, while council is building a satellite clinic and a primary school in Kuwadzana.

The Sunningdale projects were initiated by Ward 10 councillor Hammy Madzingira.

He said the projects were to assist traders in the informal sector and empower the community.

"We have managed to construct a people's market in Sunningdale 3 since our economy is now largely informal. We are going to officially open the market after completion of toilets," he said.

Clr Madzingira said he was working together with businesses in his ward to build a shopping mall.

"We have managed to convince the business sector to build a shopping mall which can accommodate a large number of people," he said.

He said a property developer was in place and they looked forward to opening the mall in May this year.

Clr Madzingira commended AFC, a charity arm of UFIC for building a secondary school in Sunningdale.

Newly-elected Kuwadzana Ward 44 councillor Adonia Shoko pledged to initiate the construction of a satellite clinic and a primary school in the ward.

He replaced long-serving councillor for the ward, Resias Masunda, who died last year.

"I chose to become a community leader because I could see our community lagging behind in terms of development," he said.

The councillor said there were gaps which he felt he could fill in maximising development in the area.

"The clinic does not have a maternity ward, so many residents are having a hard time during delivery. They have to travel several kilometres either to Dzivaresekwa or Kuwadzana 4. It is an area which I think needs urgent attention.

"I know Clr Masunda had been leading a lot of community initiatives such as burial societies, care of the elderly and orphans and I think such good programs should continue, we just need to continue work on trying to modernise them in line with current trends."

Clr Shoko said in order for the community achieve a high level of development, residents have to play their part.

"I am encouraging the residents to contribute towards service delivery by paying rates at the right time," he said.

Copyright The Herald. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

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Financials
Sales 2020 572 M - -
Net income 2020 9,90 M - -
Net Debt 2020 - - -
P/E ratio 2020 32,4x
Yield 2020 -
Capitalization 320 M 241 M -
Capi. / Sales 2020 0,56x
EV / Sales 2021
Nbr of Employees 9 000
Free-Float 55,4%
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Managers and Directors
NameTitle
Boo Hor Khoo Chief Executive Officer & Executive Director
Hui Ling Soh Chief Financial Officer
Koh Boon Hwee Non-Executive Chairman
Chen Thye Teo Independent Director
Kaka Singh Lead Independent Director
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