Type Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID YK-130111-44609
Subject Acquisition of properties by Yakin Pelita Sdn. Bhd. ("YPSB"), a wholly-owned subsidiary of Naim Land Sdn. Bhd. from a related party, Custodev Dua Sdn. Bhd. ("CDSB")
Description Please refer to the attachment.
Query Letter Contents We refer to your Company's announcement dated 9 January 2013 and letter dated
10 January 2013 in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-
1) Justification(s) for the purchase consideration of RM6,610,036.
2) The manner in which the consideration of RM6,610,036 will be satisfied
including the terms of any arrangement for payment on a deferred basis.
3) Net book value of the Properties.
4) Particulars of all liabilities, including contingent liabilities and
guarantees to be assumed by the listed issuer, arising from the Proposed
Acquisition.
5) Dalient features of the Sales and Purchase Agreement and valuation report,
if any, and the time and place where such documents may be inspected.
6) Risks in relation to the transaction including risk factors of the
Properties or interests to be acquired.
7) Estimated time frame to complete the Proposed Acquisition.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully

KHOO KAY KWAN
Head, Issuers
Listing Division
Regulation

/MZM/lyk

copy to:- General Manager & Head, Market Surveillance, Securities Commission
(via fax)

Announcement Info
Company Name NAIM HOLDINGS BERHAD
Stock Name NAIM    
Date Announced 14 Jan 2013
Category General Announcement
Reference No NH-130114-62261

Attachments

  1. NAIM140113.doc (Size: 46,080 bytes)
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