BINTAi KINDEN CORPORATION BERHAD
Variation in the terms of the Share Sale Agreement dated 28 April 2021 between the Company and Yeo Eng Lam for the acquisition of Johnson Medical International Sdn Bhd

We refer to BINTAI’s announcement dated 14 December 2022 in respect of the aforesaid matter.
 

In this connection, kindly furnish Bursa Securities with the following additional information for public release:

1. The salient terms and conditions of the respective New Agreements.
2. The relationship between Rinani Care Sdn. Bhd. (“RCSB”) and Madam Yeo Eng Lam (“YEL”).
3. The rationale and justification to novate YEL’s obligations for the Profit Guarantee to RCSB.
4. The details and clarification in respect to the obligations to fulfil the Receivables Guarantee pursuant to the Share Sale Agreement dated 28 April 2021 in view that YEL has been discharged from her obligation for the Profit Guarantee.
5. Whether the variation tantamount to a Material Variation pursuant to Paragraph 8.22 of the Main Market Listing Requirements which require shareholders’ approval, together with the basis and justification.

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

Yours faithfully

Listing

Regulation

cc: Market Surveillance Dept.  Securities Commission (via fax)