The Board of Directors of Sunsuria Berhad (“Sunsuria” or “the Company”) wishes to announce that Sunsuria Residence Sdn Bhd (“Sunsuria Residence” or “the Purchaser”), a wholly owned subsidiary of the Company, had on 22 April 2022, entered into a Sale & Purchase Agreement (“SPA”) to acquire a piece of vacant leasehold land held under H.S.(D) 5732, PT 10568, Mukim Ijok, Daerah Kuala Selangor, Negeri Selangor, measuring approximately 60.81 acres (“the said Land”) from Superjet Revenue Sdn. Bhd. [Registration No.: 201101012778 (940918-W)] (“Superjet” or “the Vendor”) for a purchase consideration of RM74,168,740.80 (“Purchase Consideration”) (hereinafter referred to as “the Proposed Acquisition”).

Please refer to the attachment for further details of the announcement.

This announcement is dated 22 April 2022.