Reference is made to the announcement dated 12 April 2016 (“Announcement”) in relation to the Exercise of Put Option. All capitalised terms used herein shall have the same meaning as those set out in the Announcement unless otherwise stated.

The Board of Directors of Sunsuria are pleased to announce that Sunsuria and its wholly-owned subsidiary namely Sunsuria North Sdn Bhd (formerly known as Consolidated Leasing (M) Sdn Bhd) (“SNSB”) had on 7 September 2016 entered into an unconditional share purchase agreement with Creed Investments Pte Ltd (“Purchaser”) and Datuk Ter Leong Yap for acquisition by the Purchaser of the following shares pursuant to the Exercise of Put Option:

(i) acquisition from Sunsuria, 2 ordinary shares of RM1.00 each in Concord Property Management Sdn Bhd (“Concord”) representing 100% of the entire issued and paid-up share capital of Concord for a cash consideration of RM38,095,742.79; and

(ii) acquisition from SNSB, 12,500 ordinary shares of RM1.00 each in CI Medini representing 0.95% of the issued and paid-up share capital of CI Medini for a cash consideration of RM1,848,399.97.

The complete announcement is attached herewith.

This announcement is dated 7 September 2016.