Pursuant to Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Sunsuria wishes to announce that Sunsuria Forum Sdn Bhd (“SFSB”), a 51%-owned subsidiary of the Company, has on 20 September 2018, acquired 100% equity interest of Greenworth Sdn Bhd (“GSB”) comprising of one (1) ordinary share in GSB for a cash consideration of RM1.00. Upon completion of the said acquisition, GSB becomes a wholly-owned indirect subsidiary of the Company.

GSB was incorporated on 17 August 2018 as a private limited company under the Companies Act, 2016 with an issued share capital of one (1) ordinary share. GSB is currently a dormant company and has not commenced any business operation since the date of its incorporation. The intended principal activities of GSB will be in the business of real property holding, investment holding, and general trading.

The acquisition of GSB is not expected to have any material effect on the earnings or net assets of the Sunsuria and its subsidiaries for the financial year ending 30 September 2018.

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 20 September 2018.