Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 15 January 2021 in relation to the Private Placement (“Announcement”)

On behalf of the Board, M&A Securities is pleased to announce that Bursa Securities had, vide its letter dated 20 January 2021 (received on 21 January 2021), approved the listing of and quotation for up to 296,923,400 new ordinary shares in KNM to be issued pursuant to the Private Placement, subject to the following conditions:-

(a) KNM and M&A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Private Placement; 

(b) KNM and M&A Securities is required to inform Bursa Securities upon the completion of the Private Placement;

(c) KNM is required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Private Placement is completed; and

(d) M&A Securities is required to furnish Bursa Securities with details of the placees in accordance with Paragraph 6.15 of the Listing Requirements as soon as practicable after each tranche of placement and before the listing of the new Shares to be issued pursuant to the Private Placement.

This announcement is dated 21 January 2021.