Unless otherwise stated, abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the announcement dated 16 February 2021 in relation to the Proposed Private Placement ("Announcement").
We refer to the announcements dated 16 February 2021, 23 February 2021 and 2 March 2021 in relation to the Proposed Private Placement.
On behalf of the Board, KAF IB is pleased to announce that Bursa Securities had, vide its letter dated 3 March 2021, approved the listing of and quotation for up to 138,597,000 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:-
(a) DHB and KAF IB must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Private Placement;
(b) DHB and KAF IB to inform Bursa Securities upon the completion of the Proposed Private Placement; and
(c) DHB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed.
This announcement is dated 4 March 2021.