NEXGRAM (0096): Quarterly Results for Last 10 Financial Years

Saya lately tak pernah cakap NEXGRAM bagus .hahahah siapa yang tipu?????

2 months ago

Mmng tak bagus lah, kalau bagus takkan nilai saham tinggal 0.005 sen dan sentiasa buat SC/RI/CR .....hahaaa

2 months ago

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.

This announcement is dated 29 September 2022

2 months ago

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).....

Finally, it's a bad dream for us too, I THINK...

2 months ago

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

2 months ago

Habis kerja lu balik tidur lah ,apa mahu tipu lagi ,sudah 0.005 lagi boleh tipukah

2 months ago

Dah cakap lama yang ARITA insider untung saja ubtak percaya .lagi komen sampai mahu terbang hahaha.lagi medical centre Melaka .hahahaha

2 months ago

Finally it's a bad dream for US too .hahaha

2 months ago

Sana sini buat MOU/Agreement utk menipu pelabur....

2 months ago

To:bursa2u@bursamalaysia.com
Sat, 1 Oct at 12:45 pm
Dear Sir,
QUERY ABOUT THE POSSIBILITY FOR EMERGENCE OF DIRECT OR INDIRECT INTEREST RELATED TO THE PROPOSED ACQUISITION OF WINGS BY NEXGRAM (0096)

As a current Nexgram’s 0096WB holder, I want to refer to BURSA my suspicion about the possibility for emergence of direct or indirect interest related to 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”) which was announced at BURSA on 29 September 2022 @ https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3296398

2. Based on the 29 September 2022 announcement :

(a) The Purchase Consideration of Wings will be satisfied entirely via issuance of RCPS in MAGSB at an issue price of RM90.00 per RCPS in proportion to the percentage of Sale Shares to be sold by the respective Vendors which are Vendor A (Croske Hotels Sdn Bhd (CHSB)) and Vendor 2 (Flyboys Club Sdn Bhd (FCSB)).

(b) Wings is a private limited company incorporated in Malaysia on 25 February 2022 under the Companies Act 2016 (“Act”). Wings is a subsidiary of Croske Hotels Sdn Bhd (CHSB).

The directors of Wings are Dato’ Ramlan Merican Bin Naina Merican and Tey Por Yoong.

(c) Croske Hotels Sdn Bhd (CHSB) is a private limited company incorporated in Malaysia on 22 February 2022 under the Act. The principal activity of CHSB is investment holding. As at the LDP, CHSB has a share capital of RM1,000 comprising 1000 ordinary shares.

The director of CHSB is Tey Por Yoong and CHSB is a wholly-owned subsidiary of Croske Holdings Ltd.

(d) Flyboys Club Sdn Bhd (FCSB) is a private limited company incorporated in Malaysia on 22 February 2022 under the Act. The principal activity of FCSB is investment holding. As at the LDP, FCSB has a share capital of RM100.00 comprising 100 ordinary shares.

The directors and shareholders of FCSB are Dato’ Ramlan Merican Bin Naina Merican who holds 51 shares of FCSB or 51% shareholding percentage and Tey Por Yoong.

The shareholders of FCSB are Dato’ Ramlan Merican Bin Naina Merican who holds 51 shares of FCSB or 51% shareholding percentage and Tey Por Yoong who holds 49 shares of FCSB or 49% share holding percentage.

2 months ago

4. My case and issues on Nexgram’s proposed acquisition of Wings are:
(a) As stated in the announcement at BURSA on 29 September 2022 related to the Proposed acquisition of Wings by Nexgram:

“8. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED WITH THEM

None of the Directors, major shareholders of the Company and/or persons connected with them have any interest, whether direct or indirect in the Proposed Acquisition.

(b) Based on my prior information at 3 (a) and 3 (b) above-mentioned, the three persons which are Mr. Tey Por Yee, Mr. Tey Por Chen and Mr. Tey Por Yoong are brothers or sibling.

(c) Based on the notes Mr. Tey Por Yoong is having direct interest in Wings as a director, CHSB as a director and FCSB as a shareholder an a director. Mr. Tey Por Yoong one of the a direct onwer or Wings which is a property involved in the proposed acquisition by Nexgram.

(d) Mr. Tey Por Chen and Mr. Tey Por Yee together are the top thirty shareholder of Nexgram. At the same time Mr. Tey Por Yoong, the brother of the two top three shareholder of Nexgram is the direct owner of the property involved in the prosed acquisiton by Nexgram.

(e) There will be a possibilty for the proposed acquisition of Wings by Nexgram could have an issue about the direct or indirect interest in the negotiation processes of the said proposal.

I would like Bursa Malaysia to look after this query and hope that it can excecuted as per standard operation procedure of Bursa Malaysia.
Thank you.

2 months ago

OrlandoOilSemiconIoT

This proposal is subject to the approval of the shareholders minus the RP... I suppose

2 months ago

OrlandoOilSemiconIoT

...entirely via issuance of RCPS in MAGSB at an issue price of RM90.00 per RCPS

Not NexGram RCPS

The RCPS is by and in a subsidiary... if and when converted the vendors will be the shareholders of the subsidiary... there is a possibility NexGram will loose this subsidiary.. that is.. the vendors holding more than 50% share in the subsidiary after conversion

Other thn this the deal is ok structured...

Don't know if tis RCPS charge interest?

2 months ago

OrlandoOilSemiconIoT

...entirely via issuance of RCPS in MAGSB at an issue price of RM90.00 per RCPS

Not NexGram RCPS
----------
Same method used when Nexgram acquired 60% of Arita Plastics before this.

2 months ago

APPROVALS REQUIRED AND CONDITIONALITY
The Proposed Acquisition is subject to the following approvals being obtained:
(a) shareholders of the Company at an extraordinary general meeting (“EGM”) to be convened; and
(b) any other relevant authorities and/or parties, if required.
The Proposed Acquisition is not conditional upon any other corporate exercise/scheme being proposed to be undertaken by the Company.

2 months ago

Don't know if tis RCPS charge interest?
----------
Interest rate / dividend policy
:
This is on zero coupon with no declaration of interest or dividend throughout the tenure.

2 months ago

OrlandoOilSemiconIoT

Ok I see u are keeping track...

What is the ratio of conversion from RCPS to ordinary shares?

Want to know how many % the vendors will hold in the subsidiary upon conversion to ordinary shares

2 months ago

Conversion rights
:
(a) In the event the RCPS cannot be redeemed within the Extended Period by the Purchaser, the Vendors shall have the right to convert their entire RCPS to enlarged 80% ordinary shares in the Purchaser by giving one (1) month prior notice.
(b) In the event of such conversion, the balance 20% of the Purchaser’s ordinary shares shall be held by the Purchaser’s existing shareholders.

2 months ago

whistlebower99

FOR NEWBIES

CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN NEXGRAM HOLDINGS BERHAD ("NEXGRAM" OR "COMPANY") ("NEXGRAM SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 21 NOVEMBER 2022 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
Ex-Date 18 Nov 2022
Share Consolidation | https://www.klsescreener.com/v2/announcements/view/3633951
==========
Holders can take note of ex date

1 month ago

$$ BUYSELL $$

conman stock

1 month ago

After SC, RI will be coming.....

1 month ago

Better to buy knm than this con stock....

4 weeks ago

OKU_2020

Finally >> DEAD RAT Nexgram

3 weeks ago

fl888

Buy 0.01 before consolidation….can fly like Hell after con price as nearly 85% held by major shareholders

2 weeks ago

hoot9e996

well bought some 7s see how it goes.....

2 weeks ago

hoot9e996

ideally 5c is where you want to buy

2 weeks ago

Apasal tak terus bankrup lah lagi tipu apao

2 weeks ago

Promoter pun sudah matilah MZM

2 weeks ago

Siapa masuk siapa mati kounter ni tipu saja tahu

2 weeks ago

MZM ada baik comment banyak sikit mana kounter pun hahaha
Dah habis wang kah profesional cikgu lanjjjiao

2 weeks ago

Santiago

what st00pid company is this la?? holland all the way

2 weeks ago

hoot9e996

holland counter only got chance for GORENG before MATI

2 weeks ago

Propose RI 10:1 @ 0.10 ..

2 weeks ago

Got chance terus sapu lah kawan
Hahaha yang promoter pun dah matilah

2 weeks ago

Cepat sapu 0.065 hahaha
Ini hari sampai 0.05 esok 0.025 nanti jadi balik 0.010 hahaha

2 weeks ago

Tey is hhhkkkcccc tengok bila mati tepi jalan

2 weeks ago

Saya nak tahu bursa dah tidurkah .boleh ini MCM biar kounter ni rubbish main MCM ni kah

2 weeks ago

Balik kpd 0.005, BOD telah sakau kamu punya 10k shares

2 weeks ago

MZM ada baik

2 weeks ago

MZM ada baik

2 weeks ago

This is the lousiest counter listed in bskl so far...

2 weeks ago

fl888

Before con 1cts, after con also go back to 1 cts…

2 weeks ago

Profesional mana pergi
Ada baikik

2 weeks ago

YEK sozzzaiii mari tipu pelabur masuk hahahaha.sudah Dato' lagi mahu tipukah

2 weeks ago

Panggil promoter MZM kerja sudahlah

2 weeks ago

Tak payah buat wayanglah sendiri

2 weeks ago

whistlebower99

FOR NEWBIES

NEXGRAM HOLDINGS BERHAD ("NEXGRAM" OR "COMPANY") CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN NEXGRAM ("NEXGRAM SHARE(S)" OR "SHARE(S)") INTO 1 NEXGRAM SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")

On behalf of the Board, Malacca Securities is pleased to announce that the Share Consolidation has been completed following the listing of and quotation for 441,668,094 Consolidated Shares, 15,999,975 Consolidated Warrants B, 28,168,435 Consolidated Warrants C and 88,284,764 Consolidated Warrants D on the ACE Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on 25 November 2022.

This announcement is dated 25 November 2022.

https://www.klsescreener.com/v2/announcements/view/3642843

================
Take note of the share consolidation exercise and adjustment of the exercise price of the existing warrants

1 week ago