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 MRCB.

The MRCB-C83 is constituted by the Deed Poll dated 19 May 2022 executed by us, as supplemented from time to time. The MRCB-C83 is subject to terms and conditions of the Base Prospectus dated 25 May 2022 and the Term Sheet dated 23 August 2022.

The MRCB-C83 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 25 May 2022.

A summary of principal terms of the MRCB-C83 is set out in Table 1.

This announcement is dated 23 August 2022.