North Asia Resources (HKG:0061) said that it has entered into a second supplemental agreement in relation to the proposed alteration of certain terms and conditions of the US$30 million convertible bonds (CBs). The CBs' maturity date has been changed to 13 December 2012.

With respect to a major assets acquisition with a value exceeding HK$100 million and/or disposition, each bondholder will have the right (at its sole discretion) to require the company to redeem in full (or in part) the CBs held by it on the major assets acquisition and/or disposition put date plus any accrued but unpaid interest thereon.