We are pleased to announce the proposed issue by KIBB of up to 50,000,000 European style non-collateralised cash-settled call warrants over the ordinary shares of HAIO.

The HAIO-CC is constituted by the Deed Poll dated 5 April 2017 executed by us, as supplemented from time to time. The HAIO-CC is subject to terms and conditions of the Base Prospectus dated 12 April 2017 and the Term Sheet dated 27 September 2017.

The HAIO-CC will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 12 April 2017.

A summary of principal terms of the HAIO-CC is set out in Table 1.

This announcement is dated 27 September 2017.