Termination Of The Investment Agreement Entered By The Company With Asia Capital Investment Fund (ACIF) Via Subscription Of Preference Share by ACIF And Loan From ACIF In Special Purpose Vehicle Companies Ultimately Wholly-Owned By NGGB

BackMay 06, 2021
Type Announcement
Subject OTHERS
Description

NEXTGREEN GLOBAL BERHAD ("NGGB" OR "THE COMPANY")

- TERMINATION OF THE INVESTMENT AGREEMENT ENTERED BY THE COMPANY WITH ASIA CAPITAL INVESTMENT FUND (ACIF) VIA SUBSCRIPTION OF PREFERENCE SHARE BY ACIF AND LOAN FROM ACIF IN SPECIAL PURPOSE VEHICLE COMPANIES ULTIMATELY WHOLLY-OWNED BY NGGB

Unless otherwise stated, all abbreviations used herein shall have the same meaning as those mentioned in the announcements dated 16 October 2018 and 3 May 2021.

The Board of Directors of Nextgreen Global Berhad (“NGGB” or “the Company”) wishes to inform that the Company had on 5 May 2021 received Bursa Malaysia Securities Berhad’s request for additional information in relation to the Company’s announcement made on 3 May 2021. 

The details of the additional information are set out in the attachment herein.

This announcement is dated 6 May 2021.

Please refer attachment below.


Announcement Info

Company Name NEXTGREEN GLOBAL BERHAD
Stock Name NGGB
Date Announced 06 May 2021
Category General Announcement for PLC
Reference Number GA1-06052021-00057

Attachments

  1. NGGB_reply_query_05.05.2021_to_Bursa.pdf (Size: 102,586 bytes)