Gatzon Ng

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2017-06-05 19:18 | Report Abuse

OTHERS NEXGRAM HOLDINGS BERHAD (NEXGRAM OR THE COMPANY)-OFF TAKE AGREEMENT CUM SALE AND PURCHASE AGREEMENT ENTERED INTO BY MYANGKASA BINA SDN. BHD. (MYANGKASA) FOR ITS PURCHASE OF THE ENTIRE DEVELOPMENT PROJECT TO BE UNDERTAKEN BY NEXGRAM LAND SDN BHD IN PUTRAJAYA AND CYBERJAYA

NEXGRAM HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description NEXGRAM HOLDINGS BERHAD (NEXGRAM OR THE COMPANY)-OFF TAKE AGREEMENT CUM SALE AND PURCHASE AGREEMENT ENTERED INTO BY MYANGKASA BINA SDN. BHD. (MYANGKASA) FOR ITS PURCHASE OF THE ENTIRE DEVELOPMENT PROJECT TO BE UNDERTAKEN BY NEXGRAM LAND SDN BHD IN PUTRAJAYA AND CYBERJAYA
Further to the Company's announcement dated 15 November 2016, the Company wishes to announce that MyAngkasa Bina Sdn. Bhd. vide their letter dated 2 June 2017 has agreed to grant an extension of time of six (6) months with effect from 1 June 2017 to Nexgram Land Sdn. Bhd., a wholly-owned subsidiary of the Company under the Off-Take Agreement for the Putrajaya and Cyberjaya Projects.

All other terms and conditions under the Off-Take Agreement remain unaltered.

This announcement dated 5 June 2017.





Announcement Info
Company Name NEXGRAM HOLDINGS BERHAD
Stock Name NEXGRAM
Date Announced 05 Jun 2017
Category General Announcement for PLC
Reference Number GA1-05062017-00047