We refer to our announcement dated 29 June 2020 in relation to the disposal of The Sunway Pinnacle by Sunway Integrated Properties Sdn Bhd (“Sunway Integrated Properties”) and Sunway Pinnacle Sdn Bhd (“Sunway Pinnacle”) to RHB Trustees Berhad being the trustee of Sunway Real Estate Investment Trust (“Trustee”) for a cash consideration of RM450.0 million (“Proposed Disposal”).

The Board of Directors of Sunway is pleased to announce that the Proposed Disposal has been completed on 20 November 2020 in accordance with the terms of the conditional sale and purchase agreement between Sunway Integrated Properties, Sunway Pinnacle and the Trustee dated 29 June 2020.

This announcement is dated 20 November 2020.