Reference is made to the announcements on 28 March 2014, 3 April 2014, 14 April 2014, 17 April 2014, 12 May 2014, 3 October 2014, 3 April 2015, 22 May 2015 and 11 June 2015 (“Announcements”), and the Abridged Prospectus to shareholders of Sunsuria dated 25 June 2015 in relation to the Rights Issue with Warrants (“Abridged Prospectus”). For consistency, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Announcements.

On behalf of the Board, the Joint Advisers are pleased to announce that as at the close of acceptance, excess applications and payment for the Rights Issue With Warrants at 5.00 p.m. on 10 July 2015 (“Closing Date”), the total valid acceptances and excess applications received were 541,858,468 Shares together with 180,619,489 Warrants representing a subscription rate of 114.05%, of which the total valid acceptances received were 459,471,538 Rights Shares together with 153,157,179 Warrants, representing a subscription rate of 96.71%.

Together with the total valid excess applications received of 82,386,930 Rights Shares with 27,462,310 Warrants, this represents an over-subscription of 14.05% over the total amount of 475,084,416 Rights Shares with 158,361,472 Warrants available for subscription.

The total proceeds received from the valid acceptances and excess applications amounted to RM433,486,774 of which over-subscription monies received totaling RM53,419,242 will be refunded in the manner as stated in the Abridged Prospectus.

The Rights Shares which are not taken up or not validly taken up by entitled shareholders and/or their renouncee(s) and/or transferee(s) (if applicable) by the Closing Date (“Excess Rights Shares”),  will be allotted to applicants who have applied for the Excess Rights Shares in the priority set out in Section 10.6 of the Abridged Prospectus as follows:-

1. firstly, to minimise the incidence of odd lots;
2. secondly, for the allocation to entitled shareholders who have applied for Excess Rights Shares on a pro-rata basis and in board lot, calculated based on their respective shareholdings as per their Central Depository System account as at 25 June 2015;
3. thirdly, for allocation to the entitled shareholders who have applied for Excess Rights Shares on a pro-rata basis and in board lot, calculated based on the quantum of Excess Rights Shares applied for; and
4. finally, for allocation to the renouncee(s) and/or transferee(s) who have applied for Excess Rights Shares on a pro-rata basis and in board lot, calculated based on the quantum of the Excess Rights Shares applied for.

Details of the acceptances and excess applications received as at the Closing Date are set out in Table 1.

The Rights Shares and Warrants are expected to be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 27 July 2015.

This announcement is dated 20 July 2015.