NEXGRAM HOLDINGS BERHAD (“NEXGRAM” OR “COMPANY”) DISPOSAL OF 70% EQUITY INTEREST IN BLUE HILL DEVELOPMENT SDN BHD HELD BY NEXGRAM’S WHOLLY OWNED SUBSIDIARY, NEXGRAM LAND SDN BHD [30 July 2018]

The Board of Directors of Nexgram Holdings Berhad (“Nexgram” or “Company”) wishes to announce that Nexgram Land Sdn Bhd (“NLSB”), 100% owned by Nexgram had on 4 July 2018 entered into conditional Shares Sale Agreement (“the Agreement”) with Mr  Maniam @ Mohandas A/L Govindasamy (“the Purchase”) to dispose its 70% equity interest in Blue Hill Development Sdn Bhd (“BH”) for a total consideration of RM2.00 (Ringgit Malaysia: Two Only).

Please refer to the attached file for details of the announcement.

This announcement is dated 30 July 2018.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5869569