The Board of Directors of Sunway wishes to announce that Sunway RE Capital Advisors (SG) Pte Ltd, a subsidiary of Sunway, has on 16 October 2019, executed a trust deed with RBC Investor Services Trust Singapore Limited to establish a private trust in Singapore known as Sunway Residence Trust (“Trust”).

Please refer to the attachment below for further details of the Trust.

This announcement is dated 16 October 2019.