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NEXGRAM HOLDINGS BERHAD (“NEXGRAM” OR “COMPANY”) DISPOSAL OF 70% EQUITY INTEREST IN BLUE HILL DEVELOPMENT SDN BHD HELD BY NEXGRAM’S WHOLLY OWNED SUBSIDIARY, NEXGRAM LAND SDN BHD [30 July 2018]

From the group archive · This article reflects its original publication date. For current information, see our latest publications and official disclosures.

The Board of Directors of Nexgram Holdings Berhad (“Nexgram” or “Company”) wishes to announce that Nexgram Land Sdn Bhd (“NLSB”), 100% owned by Nexgram had on 4 July 2018 entered into conditional Shares Sale Agreement (“the Agreement”) with Mr  Maniam @ Mohandas A/L Govindasamy (“the Purchase”) to dispose its 70% equity interest in Blue Hill Development Sdn Bhd (“BH”) for a total consideration of RM2.00 (Ringgit Malaysia: Two Only).

Please refer to the attached file for details of the announcement.

This announcement is dated 30 July 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5869569

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