(Unless stated otherwise, abbreviations and definitions used throughout this announcement shall be the same as the announcement in relation to the Proposed Private Placement on 24 October 2017)

This announcement should be read in conjunction with the announcements made by KAF IB on behalf of Key ASIC in relation to the Proposed Private Placement on the following dates:-

1. 24 October 2017; and
2. 25 October 2017; and
3. 26 October 2017; and
4. 18 January 2018; and
5. 26 January 2018; and
6. 2 February 2018; and
7. 9 February 2018; and
8. 27 February 2018; and
9. 23 May 2018; and
10. 5 June 2018; and
11. 6 June 2018; and
12. 12 July 2018; and
13. 18 July 2018; and
14. 20 July 2018; and
15. 30 July 2018; and
16. 31 July 2018; and
17. 7 November 2018; and
18. 19 November 2018; and
19. 11 January 2019; and
20. 28 January 2019; and
21. 10 July 2019; and
22. 4 September 2019; and
23. 8 January 2020; and
24. 11 February 2020.

On behalf of Key ASIC, KAF IB wishes to announce that the Company has fixed the issue price for the fourth tranche of the Placement Shares at RM0.0413 per Placement Share.  The issue price of RM0.0413 per Placement Share represents a discount of 9.83% to the five-day VWAP of RM0.0458 per Key ASIC Share up to and including 22 April 2020, being the last market day prior to this price fixing date.

This announcement is dated 23 April 2020.