(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 28 November 2017)

We refer to the announcements made by the Company on the following:-

(i)      28 November 2017; and

(ii)      28 December 2017; and

(iii)     4 January 2018; and

(iv)     22 January 2018; and

(v)     26 April 2018; and

(vi)     12 June 2018; and

(vii)    28 June 2018; and

(viii)   14 December 2018; and

(ix)     31 December 2018; and

(x)     14 June 2019; and

(xi)     5 September 2019; and

(xii)    13 December 2019; and

(xiii)   11 February 2020; and

(xiv)   12 June 2020.

On behalf of the Company, KAF IB wishes to announce that Bursa Securities had, vide its letter dated 4 September 2020, resolved to grant a final extension of time from 29 June 2020 until 28 December 2020 to the Company to implement the Proposed Private Placement.

This announcement is dated 4 September 2020.