We refer to our announcement dated 28 July 2020, in relation to the acquisition of a leasehold land of 99 years expiring on 20 August 2102 held under Pajakan Negeri 12272 Lot 10047, Seksyen 17, Bandar Kota Bahru, Jajahan Kota Bahru, Negeri Kelantan measuring approximately 3.811 hectares (38,110 square metres) for a purchase consideration of RM28,704,410 free from encumbrances and with vacant possession (“Proposed Acquisition”) by Sunway Medical Centre Kota Bharu Sdn Bhd (“SMCKB”), a subsidiary of Sunway.

The Proposed Acquisition was completed on 1 September 2020 in accordance with the terms of the Sale and Purchase Agreement between SMCKB and Liziz Standaco Sdn Bhd dated 28 July 2020.

This announcement is dated 1 September 2020.