(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Company’s announcement dated 4 August 2020 in relation to the Proposed Private Placement.)

We refer to the announcement made on 4 August 2020, 5 August 2020, 11 August 2020 and 12 August 2020 in relation to the Proposed Private Placement.

On behalf of the Board, KAF IB wishes to announce that the Board had on 13 August 2020 (“Price-Fixing Date”) fixed the issue price for the placement of 54,940,000 Placement Shares at RM0.57 each (“Issue Price”). The Issue Price represents a discount of RM0.06 or 9.52% to the 5-day VWAMP of the Aemulus Shares up to and including 12 August 2020 of RM0.63, being the last market day immediately preceding the Price-Fixing Date.

The Company also wishes to announce that AmInvestment Bank Berhad has been appointed as the co-placement agent for the Proposed Private Placement.

This announcement is dated 13 August 2020.