The Board of Directors of UEM Sunrise ("Board") has in the late evening of 2 October 2020 received a letter dated 2 October 2020 ("Proposal Letter") from UEMG proposing a merger between UEM Sunrise and Eco World into an enlarged group via an exchange of shares and warrants, with the subsequent delisting of Eco World from Bursa Malaysia Securities Berhad ("Proposal").

A copy of the Proposal Letter is attached with this announcement.

The Board will deliberate on the Proposal and decide on the next course of action. Accordingly, a further announcement will be made in due course.

This announcement is dated 5 October 2020.