We refer to the announcement dated 24 February 2017, 1 March 2017 and 3 March 2017 in relation to the Private Placement (“Announcements”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcements.  

On behalf of the Board of Directors of Dayang, Kenanga IB is pleased to announce that the Board of Directors of Dayang had on 17 April 2017 (“Price Fixing Date”) fixed the issue price at RM1.016 per Placement Share. This represents a discount of 9.993% to the five (5)-day volume weighted average market price of Dayang Shares up to and including 14 April 2017, being the last full trading day immediately prior to the Price Fixing Date, of RM1.1288.

This announcement is dated 17 April 2017.