The case still in trial. The next hearing of the case was fixed on 24 August 2020.

Should be settled in out of court settlement.

NEXGRAM HOLDINGS BERHAD (660055-H) (Nexgram or the Company) Kuala Lumpur High Court Writ Summons No. WA-28NCC-167-02/2020 Winding Up Petition Served on Coconut Three Sdn. Bhd. (Respondent) by Justin Faye & Partners (Petitioner)

The amounts due to the Petitioner are oustanding debts due by the Company for the legal
services fees. The Petitioner is claiming for RM188,861.61 being the several unpaid invoices
issued by the Petitioner during the period from 17 April 2018 to 3 July 2019.

Its only involving RM188 861.61, it is NOT SO MATERIAL and should be settled by Coconut Three.

The pull factor is stronger than the push factor. At least at this time being.

Agree with you Monde.

Thanks Monde. Therefore we can conclude that Ozura has been or has not disposed the shares.

@Monde. It is for the first phase of ICPS conversion. The first phase is about 290,000,00 unit os shares approximately 12% shareholding. After that Ozura has been ceased to be substansial share holder. This one is the second round, 300 000 000 units of shares.

by right how many days given for them to disclose/ give announcement?

As this announcement (The first time Ozura become substantial share holder.
* Sorry guys, just to highlight the issues.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3069635

An announcement for change of substantial securities holder should be done.

11% shareholding

Start from 17 August Ozura became substantial share holder for the second time after Conversion of Preference Shares amounted 300,000,000 units of shares
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3077562

10-20 tahun. Nak buat emas ke nak lombong emas ni.

ya jugak. Patut dah keluar kalau dia dispose semalam. Lagi pun announcement change of substantial Securities Holder untuk Ozura kesan listing saham dia tu pun belum keluar. Berapa hari ya tempoh maksimum company kena announce perubahan tersebut?

Retail investor in sideline mode. Tunggu dan lihat

Ya. Ozula punya cerita

Negram should be looked positively in medium and long term.

Scare wolf. Semua sudah takut Oooozuuuraaa

Good night guys.

Esok pasti Nexgram lebih aktif. Harap boleh push harga pecah 7 sen.

As an outsider, Nexgram looks to be more progressive now.

Hope the subcontract awarded can be a catalyst.

@David Coperfield. Kalau HWGB lah yang dapat announce contract macam yang terbaharu ni, mesti limit up punya. Nexgram, kalau tidak limit up pun sepatutnya gap-up. Tapi dalam keadaan macam ni saya sendiri kurang yakin. cuma harapnya gap-up lah sikit.

Saya jangka kalau volume Nexgram kekal, dalam dua minggu mungkin disposal Ozura selesai

Tu lah David Coperfield. Kalau saya jadi Ozura, saya akan target nak jual saham pada harga lebih tinggi. Kalau sekadar keluarkan announcement projek sekadar nak tambah minat pelabur kecil terhadap saham, naikkan volume kemudian set pada harga 6 sen dengan 6.5 sen seperti batch pertama penjualan saham baru-baru ni, tak tahulah saya perancangan Ozura. Adakah pihak mereka ada plan lain seperti memberi peluang pihak lain membeli saham tersebut dengan harga yang sudah dikawal??????? Pelik juga, sepatutnya boleh dilaksanakan kenaikan harga saham memandangkan minat terhadap saham ini sebenarnya telah meningkat dan banyak announcement positif telah dapat dikeluarkan.

Betul @niubee126. Akan pegang Negram sehingga ia terbang. Lepas tu boleh lepas le. He He

Pi santap dulu @Sha711. Sabaq la.

More than 300 milion shares.

If there is no obstacles such as disposal of shares by Ozura the stock should be limit up. Sigh.
The disposal progress should be monitored by Ozura, not to drag the price stagnant at 6 sen - 6.5 sen, instead the price also can be push up while the share disposal is in progress to make sure Ozura can sell the share at the higher price. Sigh. Sigh

@8dragon. Gowns and gloves will be supplied by local manufacturer (Crecom Burj Gloves Sdn Bhd.) Its not imported. No capital or investment outlay is required by NBSB as the customer is required to pay the deposit of their order. (No need for Nexgram to prepare capital)

@monde. Nexgram is suplying gloves.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3072561

@8 dragon. Who is going to drag the price? It might be you and OKU_2020. The demand and supply will determine the price. Please look at the demand factor for the stock currently. What is your opinion?

https://my.tradingview.com/chart/NEXGRAM/8q4dCQmv/

Harga tertinggi 2005-2006 36 sen. Lepas tu Okt 2007 sehingga sekarang harga tertinggi 12.5 sen.

https://my.tradingview.com/symbols/MYX-NEXGRAM/

Nextnation Communication Bhd IPO
Listing date: 26-08-05
Issue price: RM0.78

Forego the past. See about the current and future prospects of Nexgram. Look at AT share prices. In five years time its price never reach 15 sen, but this year its price had reached 16 sen. Please look at another counter with the same story such as MQ Tech etc.

RM1 could be a motivation. But honestly I believe Nexgram's share price should be more than RM0.1. Should be 10-20 sen in the near future.

Opps. TTD1990. I like.

Waiting for next September QR reporting. Want to see any positive contribution by healthcare business.

We don't know Ozura's plan, whether going to dispose the shares or not. We can see it if there is announcement about shares disposal by major share holder starting from next week.

The listing date of shares for 14 August tranche is 17 August 2020.

From my observation for 13th and 17th July tranche, it took 3-4 weeks.

Setuju dengan SureWin1Woh

Okay get it. Thank you niubee.

@niubee.
Whats the meaning of the "Issue price per share ($$) Malaysian Ringgit (MYR) 0.0200" in this announcements? Just curios to know.(https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3077562

Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Conversion of Preference Shares
Details of corporate proposal Conversion of Irredeemable Convertible Preference Shares ("ICPS") to Ordinary Shares
No. of shares issued under this corporate proposal 300,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0200
Par Value($$) (if applicable)

@niubee. The issue price per share is 2 sen. Thank you.

Last time, Ozura has converted 290,000,000 ICP (this one I think has been all sold aread). This tranche of ICPS 300,000,000 and the balance of ICPS not yet converted by Ozura should be 37,000,000 shares. If Im not wrong, total new capital from 590,000,000 ICPS received by Nexgram should be (3 sen per ICPS x 590,000,000 = RM17,700,000 )

But for medium term, Nexgram is going to be more solid fundamentally by the ICPS exercise their future plans to be involve in health care related business. Diversify in another promising business to its current businesses.

@niubee126, positive is Nexgram will get cash as capital to acquire Arita & the price of Nexgram will be controlled by operators to make way of exit for Ozura (if Ozura still intend to quit Nexgram as major share holde). Is it possible for the price of Nexgram shares booming in the short term?

Positive comment OKU_2020