June 13 (Reuters) - Jatenergy Ltd JAT.AX :
* ACQUISITION OF SUNNYA PTY LIMITED
* TO BUY CONTROLLING 51 PCT STAKE IN SUNNYA PTY LTD
* DEAL FOR $3 MILLION IN CASH AND 35 MILLION FULLY PAID ORDINARY SHARES IN CO PLUS 2 POTENTIAL EARNOUT PAYMENTS
* REPRESENTATIVES OF JAT WILL HAVE 2 DIRECTORS OUT OF 4 ON BOARD AND HAS RIGHT TO APPOINT CHAIRMAN