Provision of Financial Assistance Pursuant To Paragraph 8.23(1) And Practice Note 11/2001 Of The Bursa Malaysia Securities Listing Requirements

BackFeb 28, 2008
1. Introduction
 
Pursuant to Paragraph 8.23(a) and Practice Note 11/2001 of Bursa Malaysia Securities Listing Requirements, the Board of Naim Cendera Holdings Berhad ("Naim") wishes to announce that the aggregate amount of financial assistance provided as at 31 December 2007 to facilitate the ordinary course of business of the Naim Group is as follows:-
Item Type of Financial Assistance
Amount (RM'000)
1 Loan to non-wholly owned subsidiary
1,136
2 Corporate Guarantee in relation to banking facilities
4,839
3 Performance Bond/Bank Guarantee
224
Total
6,199

2. Financial Impact

Share capital

The provision for financial assistance has no effect on the share capital and shareholding structure of Naim for the quarter ended 31 December 2007.

Earnings

There is no material impact on the earnings of Naim Group for the quarter ended 31 December 2007.

Net Tangible Assets ("NTA")
There is no material impact on the NTA of Naim Group for the quarter ended 31 December 2007.

Dated this 28th day of February 2008.