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 FFB.

The FFB-CW is constituted by the Deed Poll dated 18 May 2023 executed by us, as supplemented from time to time. The FFB-CW is subject to terms and conditions of the Base Prospectus dated 25 May 2023 and the Term Sheet dated 28 July 2023.

The FFB-CW will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 25 May 2023.

A summary of principal terms of the FFB-CW is set out in Table 1.

This announcement is dated 28 July 2023.