Further to the announcements dated 9 September 2010, 3 December 2010, 20 December 2010 and the Circular to Shareholders dated 18 November 2010 in respect of the acquisition of 70% equity interest in Jeco (Pte) Limited ("Jeco"), the Board of Directors of Bonia Corporation Berhad ("Company" or "Bonia") wishes to announce that the Company had on 15 May 2012 entered into a supplemental agreement with Liao Tien Fook, Liao Tian Sze, Tan Ah Kiat, Liao Wang Leng and Liao Huanting Joan ("the Vendors")  ("Supplemental Agreement") to vary the terms of the Share Sale Agreement dated 9 September 2010 ("SSA") entered  into between the Company and the Vendors of Jeco with the release of the Vendors' obligation to continue to provide the bank guarantee in favour of the Company and the cancellation of the guarantee with effect from the date of the Supplemental Agreement. Save as amended, substituted and/or varied by the Supplemental Agreement, the provisions of the SSA shall continue in full force and effect and the SSA and Supplemental Agreement shall be read and construed as one instrument.

The execution of the Supplemental Agreement will have no material effect on the earnings per share, net tangible assets per share, share capital and the substantial shareholdings of the Company for the financial year ending 30 June 2012.

This announcement is made on 15 May 2012.