Circular To Shareholders In Relation To The (i) Proposed Subscription Of Ordinary Shares And/or Redeemable Convertible Preference Shares In Nextgreen IOI Pulp Sdn Bhd ("NIP"), A 55%-owned Subsidiary Of Nextgreen Global Berhad ("NGGB"), Of Up To RM119,625,000 By Nggb For The Proposed Joint Venture Between NGGB, NIP, IOI Corporation Berhad, Hong Kong Paper Sources Co., Limited, Xiamen C&D Paper & Pulp Group Co Limited And Neuwhite Paper Pulp Sdn Bhd ("Neuwhite"), A 75%-owned Subsidiary Of Nip, For The Proposed Development Of A Pulp Production Facility ("Proposed Joint Venture"); And (ii) Proposed Disposal Of Two (2) Parcels Of Leasehold Industrial Land By Ultimate IVory Sdn Bhd, A Wholly-owned Subsidiary Of NGGB, To Neuwhite For An Aggregate Total Disposal Consideration Of RM70,400,277.77 To Be Satisfied Fully In Cash ("Proposed Land Disposals") (the Proposed Joint Venture And Proposed Land Disposals Are Collectively Referred To As "Proposals")

Please refer attachment below.

Attachments

1. Nextgreen_Global_-_Circular_(Bursa)_Part_1_20260226.pdf (Size: 2,662,345 bytes)
2. Nextgreen_Global_-_Circular_(Bursa)_Part_2_20260226.pdf (Size: 2,280,801 bytes)