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 D&O.

The D&O-CO is constituted by the Deed Poll dated 19 May 2021 executed by us, as supplemented from time to time. The D&O-CO is subject to terms and conditions of the Base Prospectus dated 21 May 2021 and the Term Sheet dated 24 August 2021.

The D&O-CO will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 21 May 2021.

A summary of principal terms of the D&O-CO is set out in Table 1.

This announcement is dated 24 August 2021.