Reference is made to the Company’s announcements on 2 January 2024 and 28 February 2024 pertaining to the Memorandum of Understanding entered into between Fabulous Sunview Sdn. Bhd. ("Fabulous Sunview") and Vision Ambassadors Company For International Trade Consultancy, LLC ("Vision Ambassadors") to cooperate and collaborate on renewable energy and/or green energy in Malaysia, Middle East, Gulf Cooperation Council (Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Bahrain and Oman) and Central Asia ("Proposed Projects").

The Board of Directors of Sunview wishes to announce that Fabulous Sunview had on 22 April 2024 entered into a Preliminary Joint Venture Agreement ("Preliminary JVA") with Vision Ambassadors to set up a special purpose vehicle in Saudi Arabia by the name of “Sunview (Middle East) LLC” for the benefit of both parties in respect of the Proposed Projects.

Please refer to the attachment for further details of the Preliminary JVA.

This announcement is dated 22 April 2024.