General Meetings: Outcome Of Meeting
BackMar 13, 2026
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 13 Mar 2026 |
| Time | 10:00 AM |
| Venue(s) | Perdana Ballroom, Bukit Jalil Golf & Country Resort Jalan Jalil Perkasa 3, Bukit Jalil 57000 Kuala Lumpur W.P. Kuala Lumpur Malaysia |
| Outcome of Meeting |
The Board of Directors of Nextgreen Global Berhad ("Nextgreen" or "the Company") is pleased to announce that all the resolutions as set out in the Notice of the Extraordinary General Meeting ("EGM") of the Company dated 26 February 2026 were duly passed by the shareholders at the EGM of the Company held on Friday, 13 March 2026. All the resolutions were voted by poll and the results of the poll were validated by CSC Securities Services Sdn. Bhd., an independent scrutineer appointed by the Company. This announcement is dated 13 March 2026. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description | Proposed Subscription Of Ordinary Shares And/Or Redeemable Convertible Preference Shares In Nextgreen IOI Pulp Sdn Bhd ("NIP"), A 55%-Owned Subsidiary Of 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") | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 65 | 0 |
| No. of Shares | 363,310,012 | 0 |
| % of Voted Shares | 100.0000 | 0.0000 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description | Proposed Disposal Of Two (2) Parcels Of Leasehold Industrial Land Held Under H.S.(D) 5589, PT 7436 And H.S.(D) 5630, PT 7461, Mukim Of Lepar, District OF Pekan, Pahang By Ultimate Ivory Sdn Bhd ("Ultimate Ivory"), 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") | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 64 | 1 |
| No. of Shares | 363,309,911 | 101 |
| % of Voted Shares | 99.9999 | 0.0001 |
| Result | Accepted | |
Announcement Info
| Company Name | NEXTGREEN GLOBAL BERHAD |
| Stock Name | NGGB |
| Date Announced | 13 Mar 2026 |
| Category | General Meeting |
| Reference Number | GMA-11032026-00003 |
| Corporate Action ID | MY260311MEET0003 |