Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

BackJul 30, 2020
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

PROPOSED DISPOSAL OF TWO (2) PARCELS OF LAND HELD UNDER LOTS 789 & 2861 BLOCK 20 KEMENA LAND DISTRICT, BINTULU SARAWAK ("PROPOSED DISPOSAL")

We refer to the announcement dated 17 July 2020 in relation to the Proposed Disposal (“Announcement”). Unless otherwise defined, the definitions set out in the previous announcement shall apply herein.

On behalf of the Board of Directors of Naim (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wish to announce that Petrochemical Hub Sdn Bhd (“PHSB” or “Vendor”), a wholly-owned subsidiary of the Company had, on 30 July 2020, entered into a supplemental agreement with Sarawak Economic Development Corporation (“SEDC”) to amend and vary the terms of the sale and purchase agreement (“SPA”) so as to cater for the inclusion of new provisions in relation to the requirement for Naim to obtain the approval of its shareholders as a condition precedent to the completion of the SPA.

Further details of the announcement are set out in the attachment enclosed.

 

This announcement is dated 30 July 2020.

 


Announcement Info

Company Name NAIM HOLDINGS BERHAD
Stock Name NAIM
Date Announced 30 Jul 2020
Category General Announcement for PLC
Reference Number GA1-30072020-00015



Attachments

  1. Update_Announcement_(Naim_Holdings_Berhad).pdf (Size: 242,901 bytes)