We wish to announce that pursuant to Chapter 9, Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Sunway Holdings Sdn Bhd, a wholly-owned subsidiary of Sunway, has on 1 November 2018, incorporated a private limited company known as Sunway Brands Sdn Bhd (“Sunway Brands”).

Sunway Brands is a company incorporated in Malaysia and has an issued and paid-up share capital of RM2/- comprising 2 ordinary shares. Its intended principal activity is provision of trade mark services.

None of the directors or substantial shareholders of Sunway or persons connected with them has any interest, whether direct or indirect in the aforesaid incorporation.

This announcement is dated 1 November 2018.