PETALING JAYA: Nexgram Holdings Bhd is partnering with China’s optical cables and wires manufacturer, Jiangsu Tongguang Optical Cable Co Ltd (JTOCC), to carry out all-round operations in the field of wire and cable maintenance and other strategic partnership cooperation in South East Asian countries.
JTOCC is the subsidiary of Jiangsu Tongguang Electronic Wire & Cable Co Ltd. Its products are widely used by foreign countries worldwide such as Sudan, Ethiopia, Nigeria, Australia, UK and Russia.
Nexgram told the stock exchange, it has entered into a strategic cooperation framework agreement (SCFA) with JTOCC for the partnership, which includes products research and development, distributions, projects joint venture, maintenances and supports.
In the first year of the SCFA, Nexgram said it will be the sole distributor and hub for JTOCC in the Malaysia market.
The group said its long-term strategic business representatives in South East Asia, especially in Indonesia, Thailand, Philippines, Vietnam, and Malaysia, provides support for JTOCC South East Asia expansion plan.
Nexgram is involved in telecommunication, software, surveillance, real estate and infrastructure business investment.
The group, which was the second most active counter, closed one sen or 25% higher at 5 sen, with 127.6 million shares traded.
“The partnership is in line with the China government’s ‘one belt one road’ US$1 trillion economic investment initiative with the national power grid, and 5G infrastructure expenditure in the region playing a major part in the master plan,” Nexgram said in a filing with Bursa Malaysia.
3 sen again , why ? bcoz it's a cap ayam - holland Nexgram ....all agreements before , even bag 200 + million project end NOTHING,,,,,,beware many edi TRAP including Monde - No way out
again ? partnership with china company this time ...but just to sell stuffs ? ...how it give boost up effect to this going to die stock ? ...seeing today morning opening's strong volume then sleeping now .....shark oly calculating the past few days buy in chip....whether is time to dump back again ....
it will sure down start today onward ..a norm retreat back of price ....after either further down again to touch 3.5cts or else, further cheong near 10cts or abv
Let's sing a song ....Baby shark do do do...hahaha....thks my earning today 10000 lots 0.035 sell @ 0.050 earn = 150k .......enuf for me...... thks ssboy, DRW, monde, thks for all opposition ......next Monday fly to Japan for one months relax....See ya.....hahahahah
SureWin1Woh Now there is one.idiot quoting to sell just 100 share @ 0.035 trying to pull down NG to his claimed target. The idiot must be NNO or DJ 13/03/2018 08:39
## saw someone quietly trying harder to press the Nexgram by putting Q sell at 3 sen most likely Monde or SureWinWoh.....hmmm
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Monde
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Posted by Monde > 2018-03-12 20:16 | Report Abuse
http://www.thesundaily.my/news/2018/03/12/nexgram-signs-agreement-china%E2%80%99s-jiangsu-tongguang