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.

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Naim Holdings Berhad published this content on 30 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2020 01:16:05 UTC