We refer to the article titled “Sunway Said to Pick Maybank on $250m Health Care Unit Stake Sale” that was published by Bloomberg dated 3 September 2020 and the article titled “Sunway picks Maybank to help RM1 bil healthcare unit stake sale” published by The Star Newspaper dated 4 September 2020.

The Board of Directors of Sunway (“Company”) wishes to confirm that it has appointed Maybank Investment Bank Berhad to explore strategic investment options for its healthcare portfolio, in line with the Company’s objective to enhance shareholder value as the Company continues to explore and evaluate various options for all its businesses.

Should there be any material development, the Company will make the necessary announcement, in compliance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

This announcement is dated 4 September 2020.