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 FRONTKN.

The FRONTKN-C14 is constituted by the Deed Poll dated 19 May 2021 executed by us, as supplemented from time to time. The FRONTKN-C14 is subject to terms and conditions of the Base Prospectus dated 21 May 2021, the First Supplementary Base Prospectus dated 3 September 2021, Second Supplementary Base Prospectus dated 14 February 2022 and the Term Sheet dated 28 March 2022.

The FRONTKN-C14 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 21 May 2021, the First Supplementary Base Prospectus dated 3 September 2021 and the Second Supplementary Base Prospectus dated 14 February 2022.

A summary of principal terms of the FRONTKN-C14 is set out in Table 1.

This announcement is dated 28 March 2022.