We are pleased to announce the proposed issue by KIBB of up to 35,000,000 European style non-collateralised cash-settled call warrants over the ordinary shares of FGV.

The FGV-C69 is constituted by the Deed Poll dated 19 April 2018 executed by us, as supplemented from time to time. The FGV-C69 is subject to terms and conditions of the Base Prospectus dated 23 April 2018 and the Term Sheet dated 21 February 2019.

The FGV-C69 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 23 April 2018.

A summary of principal terms of the FGV-C69 is set out in Table 1.

This announcement is dated 21 February 2019.