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UEM Sunrise Names Anwar Syahrin As New MD / CEO

KUALA LUMPUR, 24 July 2014 – The Board of Directors of UEM Sunrise Berhad (“UEM Sunrise”) has named Anwar Syahrin Abdul Ajib as its new Managing Director / Chief Executive Officer (MD/CEO), effective 1 September 2014.

Anwar was formerly the Group Chief Financial Officer and Group Head, Ports & Logistics Division at MMC Corporation Berhad, a position he assumed in 2008.

“At a time when UEM Sunrise is facing both challenges and opportunities, Anwar will provide a unique and different perspective to the Company’s operations as well as the energy to propel UEM Sunrise and its employees to future success.

In his prior posts where he was involved in several industries, Anwar successfully mobilised people, assets, and technology to achieve change and growth. He has the qualities we were looking for in our MD/CEO search and is certainly qualified to lead UEM Sunrise,” said Dato’ Izzaddin Idris, Group Managing Director/Chief Executive Officer of UEM Group Berhad who is also the Executive Director of UEM Sunrise.

He went on to say that Anwar’s selection came after a comprehensive review and assessment of internal and external candidates led by a special committee set-up by the Board of UEM Sunrise.

Dato’ Izzaddin, who will be redesignated as a Non-Independent Non-Executive Director of UEM Sunrise come 1 September, added that he will in his capacity as Group Managing Director/Chief Executive Officer of UEM Group continue to advise and support the management team of UEM Sunrise on key strategic matters. UEM Group currently holds approximately 66% equity in UEM Sunrise.

41-year old Anwar holds a Bachelor of Engineering degree in Mechanical Engineering from Imperial College, London. He is also a qualified chartered accountant and a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW) as well as a member of the Malaysian Institute of Accountants (MIA). He also holds an MBA from University of Salford, United Kingdom.

Anwar was previously employed with Arthur Andersen and Ernst & Young in Kuala Lumpur, Malaysia and Manchester in the United Kingdom. He was formerly the CFO of Port of Tanjung Pelepas and a co-owner and Managing Director of Business Associates Consulting Sdn Bhd, a boutique strategy and management consulting firm based in Kuala Lumpur. Anwar started his career with Shell Malaysia Trading Sdn Bhd as a transport executive where he gained considerable experience in transport and logistics.