....... Based on the re-assessment, the Board of Directors of Nexgram wish to announce that the Company no longer trigger any of the GN3 Criteria and hence no longer requires the GN3 Relief with immediate effect.
*dragon. Every qtr loses is not in the list of the criterias for GN3 listed issuer....
Please read this....
The GN3 Relief Measures will be available to the listed issuer if it triggers any one of the following criteria under GN3 of the ACE LR ("Suspended Criteria"):-
a) its shareholders' equity on a consolidated basis is 25% or less of its share capital;
b) It has incurred loss in any 1 full financial year (“FY”) commencing on or after its listing, which is equal to or exceed the amount of its shareholders’ equity at the end of the said FY and its shareholders’ equity is equal to or less than 50% of its share capital at the end of the said FY;
c) it has incurred aggregate losses in any 2 consecutive full FYs commencing on or after its listing (“said financial period”)-
(i) which exceed the amount of its shareholders’ equity at the end of the said financial period;
(ii) the loss incurred in the 2nd full FY of the said financial period is 50% or more of the loss incurred in the 1st full FY of the said financial period; and
(iii) its shareholders’ equity is equal to or less than 50% of its share capital at the end of the said financial period;
d) the auditors have highlighted a MUGC or expressed a qualification on the listed issuer's ability to continue as a going concern in its latest audited financial statements and its shareholders' equity on a consolidated basis is 50% or less of its share capital (excluding treasury shares); and
e) default in payment by the listed issuer, its major subsidiary or major associated company, as the case may be, as announced pursuant to Rule 9.19A of the ACE LR and the listed issuer is unable to provide a solvency declaration to the Exchange.
The other critical aspect is whether there is a default in payment by the listed issuer, its major subsidiary or major associated company, as the case may be, as announced pursuant to Rule 9.19A of the ACE LR and the listed issuer is unable to provide a solvency declaration to the Exchange.
Equity attributable to owners of the parent: Share capital 105,029,253 + Reserves 4,844,390 - Accumulated losses (8,956,473) = Shareholders' funds 100,917,170 (share holders equity)
Therefore:
Nexgram's shareholder equity on consolidated basis of its share capital excluding treasury shares = (RM100,917,170 ÷ 105,029,253) x 100% = 96.08 % Be noted that one of the criteria for a listed company to be listed as GN3 issuer is if their shareholders equity on consolidated basis of its share capital excluding treasury shares is equal to or less than 25%. (condition a).
Additional info: Its total assets at 148,719,198 exceeds it total liabilities at 41,844,051. Its total current assets at 60,772,780 exceeds it total non-current liabilities at 10,149,755
@8dragon and OKU_2020..... Cakap saja tanpa pengetahuan yang betul dan tanpa bukti tak guna..... It's a typical characteristic of the fraudster spammers. He He
Wow... Fantastic this STOCK KILLER... Thanks for a piece of real information..
But as a reminder,
ANYWAY, As claimed by scenery: ... Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%
He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.
8dragon Every qtr report loses, this will definitely catch SC attention and triggered GN3 criteria....
8dragon Syt dgn nilai sahamnya 0.005 sen memangnya telah layak dipindah ke GN3 sementara menunggu utk dikeluarkan dari senarai papan ACE....
OKU_2020 Cap Ayam Nexgram to RIP { Rest In Peace } very soon !! like it OR NOT Pergghhh,,,
--------- Bagus ke tak bagus ke, saya lately tak pernah kata Nexgram bagus.... Saya sekadar menjawab tuduhan tak berasas 8dragon dan OKU_2020 dari segi going concern Nexgram dan GN3 issue melibatkan Nexgram dalam masa terdekat.
BAGI SAYA, SEMUA SPAM AWAK DAN OKU_2020 SEKADAR 'a fraudster spam". He He He
Ni cikgu banyak tipu pun cakap tak tipu.yang dulu hari-hari cakap kounter ni banyak MOU hari-hari call buy sekarang cakap tak ada cakap kounter ni bagus hahahahah
Tak malulah tengok itu promoter mana ada malu punya .lagi kata tak ada cakap kounter ni bagus ,dulu hari hari post MOU kata gem macam sekarang kata tak ada pun boleh juga .ada malu kah
MZM2511 promoter for Kanger, Nexgram, Bcmall, Bornoil Kanger already share consolidation Nexgram on the way Will Bcmall and Bornoil follow the same road
I think absolutely the claim about this STOCK KILLER wistlebower99 is true..... The evidences are always shown in his written spams.... He He He
As claimed by scenery: ... Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%
He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.
On behalf of the Board of Directors of Nexgram (“Directors”) (“Board”), Malacca Securities Sdn Bhd (“Malacca Securities”) wishes to announce that on 29 September 2022, Medic Asset Group Sdn Bhd (“MAGSB” or “Purchaser”), a wholly-owned sub-subsidiary of the Company had entered into a conditional share sale agreement (“CSSA”) with Croske Hotels Sdn Bhd (“CHSB” or “Vendor 1”) and Flyboys Club Sdn Bhd (“FCSB” or “Vendor 2”) (collectively referred to as the “Vendors”) for the proposed acquisition of the entire equity interest in Wings By Croske Resort Langkawi Sdn Bhd (“Wings”) for a total purchase consideration of RM90.0 million (“Purchase Price” or “Purchase Consideration”) to be satisfied via the issuance of 1,000,000 redeemable convertible preference shares (“RCPS”) at an issue price of RM90.00 per RCPS in MAGSB to the Vendors (“Proposed Acquisition”).
Please refer to the attachment for further details.
RM90 mil.... Currently, Nexgram market capital only RM44.17mil..
Who is Hj Mazru????? and who is Tey Por Yong???
At the end, I'm more concern about if Hj Mazru is only the proxy for Tey Brothers.... IT'S NOT A CLAIM (BECAUSE NO ABSOLUTE EVIDENCE)... ITS JUST POP OUT IN MY DREAM (BASED ON THE PAST AND LATEST MANAGEMENT DECISIONS BY NEXGRAM'S BODs HEADED BY HJ MAZRU).....
Apa takut promoter .lu saja kerja kan .bukan pelabur. I lately tak kata NEXGRAM bagus .tapi saya hari hari call buy and hari hari MOU banyak apa takut ,hahahah
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
chinaman
3,298 posts
Posted by chinaman > 2022-09-08 11:55 | Report Abuse
Idea Yang bagus. Memang sesuai sekali untuk katak ketam Lepas GE...