We refer to our earlier announcements made on 25 May 2021 in relation to the Notice of Eleventh Annual General Meeting (“11th AGM”) of Sunway Berhad (“Sunway” or the “Company”) and 15 June 2021 in relation to the postponement and extension of time to hold the 11th AGM (“Postponed 11th AGM”).

The Board of Directors of Sunway wishes to announce that the revised date, time and meeting venue of the 11th AGM of the Company are as set out below:

The Postponed 11th AGM will be conducted FULLY VIRTUAL through live streaming and online remote voting using the Remote Participation and Voting Facility. 

The conduct of the Postponed 11th AGM would adhere to the revised Guidance Note and Frequently Asked Questions on the Conduct of General Meetings for Listed Issuers issued by the Securities Commission Malaysia (“SC”) on 16 July 2021 (including any amendment that may be made from time to time) (“Revised Guidance Note and FAQ”). All meeting participants, including the chairperson of the meeting, board members, senior management and shareholders, are required to participate in the meeting by way of the online meeting platform. There shall be no physical meeting. As such, any form of physical gathering is prohibited. According to the Revised Guidance Note and FAQ, an online meeting platform is recognised as the meeting venue or place under Section 327(2) of the Company Act 2016, provided that the online meeting platform is located in Malaysia.

Please refer to the Notice of the Postponed 11th AGM attached in the amended announcement of the Notice of General Meeting released on even date for details of the agendas. All documents related to the Postponed 11th AGM are available and can be downloaded from the Company’s website at https://www.sunway.com.my/investor-relations/ under the ‘AGM’ section.

Pursuant to the terms of reference of Sunway’s irredeemable convertible preference shares (“ICPS”), the ICPS holders are entitled to receive notice of meetings, report and accounts, and attend meetings and vote at any class meeting of the holders of ICPS in relation to any proposal by the Company to vary, modify or abrogate the rights and privileges of ICPS. There is no such proposal for the Postponed 11th AGM. As such, ICPS HOLDERS ARE NOT ENTITLED TO ATTEND AND VOTE AT THE POSTPONED 11TH AGM.

Shareholders, proxies and corporate representatives are advised to refer to the notifications or announcements made by the Company from time to time for any changes to the administration of the Postponed 11th AGM that may be necessitated by changes to the directives, safety and precautionary requirements and guidelines as prescribed by the Government of Malaysia, the Malaysian National Security Council, SC and other relevant authorities.

This announcement is dated 13 August 2021.