18 May 2022, Kuala Lumpur
The Board of Directors of Nexgram is pleased to announce that NEG Auto Group Sdn Bhd (“NEG”), A Wholly Owned Sub-Subsidiary of Nexgram had on 18 May 2022 entered into a China-Malaysia New Energy Vehicle Cooperation Agreement (“NEVCA” or “Agreement”) with Shenzhen Hengsheng Energy Management Co., Ltd. (“HENGSHENG”) for the purposes to promote the industrial development of new energy vehicle design and new energy vehicle parts and vehicle manufacturing in Malaysia according to the Malaysian market.
Please refer the attachment for details of the announcement.
This announcement is dated 24 May 2022.