[ET Net News Agency, 20 November 2019] NagaCorp Ltd. (03918) announced the signing of
the second addendum agreement in relation to the further exclusivity extension between The
Royal Government of Cambodia (the RGC) and Ariston Sdn. Bhd. (the Investor), a company
incorporated in Malaysia which is a wholly-owned subsidiary of NagaCorp.
Under the terms of the agreement, the company, through its wholly-owned subsidiary, is
licensed to operate casinos in Cambodia for a period of 70 years, expiring in 2065. During
this 70-year period, the group has exclusive rights up to 2035, which has now been
extended for an additional 10 years effective from 1 January 2036 until 31 December 2045,
to operate casinos in Phnom Penh, Cambodia within a 200-kilometre radius of Phnom Penh
(except the Cambodia-Vietnam border area, Bokor, Kirirom Mountains and Sihanoukville).
(RC)