The Board of Directors of the Company wishes to announce that Sunsuria Berhad had on 31 March 2017 acquired the entire equity interest comprising of one (1) ordinary share in the capital of Goodwill Atlas Sdn Bhd (“GASB”) for a cash consideration of RM1.00 from Teng Mee Leng.

GASB was incorporated on 7 March 2017 with an issued and fully paid up share capital of RM1.00. The proposed business activity of GASB is investment holding and construction.

None of the Directors and/or major shareholders of the Company or any persons connected to them have any direct or indirect interest in the above acquisition.

This announcement is dated 31 March 2017.