We refer to the announcement dated 11 November 2019 in relation to the Proposed Variation (“Announcement”). Unless otherwise stated, the terms used herein shall have the same meaning as defined in the Announcement. On behalf of the Board, Kenanga IB wishes to announce that the Company and the Subscriber (“Parties”) had on 4 February 2020 entered into a supplemental letter to extend the time for the Company to procure and fulfil the conditions precedent to the Proposed Variation (“CP”) (“Supplemental Letter”) to within four (4) months from the date of the Supplemental Agreement or such other date as the Parties may agree in writing. Save for the above, all the other terms and conditions of the Subscription Agreement and the Supplemental Agreement shall remain in full force and effect. This announcement is dated 4 February 2020.