We refer to the announcements dated 1 March 2021, 5 March 2021, 17 March 2021 and 15 April 2021 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On 15 April 2021, the Board fixed the issue price for 51,777,400 Placement Shares at RM0.19 each. Pursuant to Paragraph 6.13 of the Listing Requirements, the payment for the said Placement Shares must be made by the placees within 5 market days from the price-fixing date (i.e., by 22 April 2021) (“Payment Condition”).

As the Payment Condition was not met, the Board shall re-fix the issue price for the Placement Shares at a later date.

This announcement is dated 22 April 2021.