UEM Sunrise’s indirect wholly owned subsidiary, Nusajaya Rise Sdn Bhd entered into sale and purchase agreements with Nusajaya Tech Park Sdn Bhd, a joint venture company owned by UEM Land Berhad and Ascendas Land (Malaysia) Sdn Bhd; an indirect subsidiary of CapitaLand Development of Singapore for the sale of its lands in Gerbang Nusajaya, Iskandar Puteri, Johor of approximately 94.9 hectares or 234.5 acres for a total consideration of RM289.2 million.