INVESTOR RELATIONS

Reference is made to the announcements dated 30 August 2018, 12 September 2018 and 3 October 2018 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, AmInvestment Bank wishes to announce that Bursa Securities had, vide its letter dated 10 October 2018, approved the listing and quotation of up to 355,416,000 new ordinary shares in Naim to be issued pursuant to the Proposed Rights Issue on the Main Market of Bursa Securities.

The aforesaid approval is subject to, inter-alia, the following conditions:-

1. Naim and AmInvestment Bank must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Rights Issue;
2. Naim and AmInvestment Bank to inform Bursa Securities upon the completion of the Proposed Rights Issue;
3. Naim/AmInvestment Bank to furnish Bursa Securities with a certified true copy of the resolution passed by shareholders at the forthcoming general meeting for the Proposed Rights Issue prior to the listing and quotation of the new ordinary shares to be issued pursuant to the Proposed Rights Issue; and
4. Naim and AmInvestment Bank to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Rights Issue is completed.

This announcement is dated 10 October 2018.