Followers
0
Following
0
Blog Posts
0
Threads
20
Blogs
Threads
Portfolio
Follower
Following
2021-02-04 12:36 | Report Abuse
Hi, DK , please add me into your group. Thanks.
2017-05-20 00:59 | Report Abuse
Chester Tay/theedgemarkets.com
May 19, 2017 21:17 pm MYT
KUALA LUMPUR (May 19): Nexgram Holdings Bhd has appointed a little-known company incorporated in the Republic of Seychelles as the joint developer and turnkey contractor for the development of the group's Angkasa Icon City (AIC) project.
Nexgram's wholly-owned subsidiary Nexgram Land Sdn Bhd inked a joint development agreement with ChinaAsian Capital Holding Ltd, the Seychelles company, today.
Nexgram, in a Bursa Malaysia filing, said the project will be built on land owned by another wholly-owned subsidiary, Nextnation Datacity Sdn Bhd.
AIC is a mixed commercial development in Cyberjaya, Selangor. It has been on Nexgram's to-do list since December 2014, when the group entered into two off-take agreements with MyAngkasa Bina Sdn Bhd for the latter to take up two significant development projects in Dengkil and Cyberjaya for RM1.44 billion.
AIC is the project to be built in Cyberjaya, and MyAngkasa — which is a subsidiary of Angkatan Koperasi Kebangsaan Malaysia Bhd — had pledged to buy the completed development back at RM1.15 billion.
The project, which is still awaiting approval from authorities, comprises one hotel, a block of small office/virtual office, and a block of service suite apartments.
The group said Nexgram Land and ChinaAsian Capital, so-called joint developer, will be responsible for designing, developing, constructing, reconstructing, carrying out and completing the project.
The joint developers will manage, market, advertise, sell, grant leases and tenancies of the properties developed on the land, said Nexgram.
Nexgram, however, did not provide any background information on ChinaAsian Capital, or its shareholders' information.
Not much details were provided on the land for the development either. However, according to Nexgram's past filing, the land spanned 5.91 acres.
As for the Dengkil project, the Sepang Municipal Council had in March last year rejected the development order (DO) for that. The project involved a leasehold agriculture plot measuring 2.15ha, and was meant to be a mixed property development worth RM297.39 million.
Subsequently, according to a March 15 filing last year, Nexgram said the acquisition of the Dengkil land has been terminated since the DO was not obtained, though the off-take agreement with MyAngkasa pertaining to the Dengkil project was still valid.
It did, however, said its other partner in the Dengkil project, Top Valley Properties Sdn Bhd, was in the midst of "exploring all possible viable options including sourcing of an alternative suitable land while continuing negotiation with the land owner for resubmission of the DO". No information about Top Valley has been disclosed so far.
Nexgram's share price closed unchanged at 4.5 sen today, giving it a market capitalisation of RM84.7 million.
2015-03-16 10:50 | Report Abuse
Mazda626, we go India, Indo & China makan angin but paperplane like to go Holland. Hahaha!
2015-03-15 11:02 | Report Abuse
I think paperplane should have lost his hard-earned money due to DGSB. That's why he keeps giving negative & baseless comments here. Never seen any constructive or reasonable comments. We should not accept this kind of ppl here, just like a anjing gila !!!
2015-01-02 15:06 | Report Abuse
This counter will show its true color in 2015-1st.Qtr. TP 0.11-0.12
2014-07-22 23:17 | Report Abuse
Bought 500k units @0.065 today
TP 0.10 within 6 months !
2014-01-14 17:59 | Report Abuse
Indication from my fren heavily participated in the previous goreng party that this counter will go 0.18-0.19 before CNY
2013-08-17 19:12 | Report Abuse
Q1 loss 0.7mil. Can still hope for tp of 0.10?
2013-08-15 17:51 | Report Abuse
I have bot 600k units since 2mth ago with ave price of 0.05.
My tp 0.08. Reachable ?
Stock: [SAPNRG]: SAPURA ENERGY BERHAD
2021-02-10 21:09 | Report Abuse
https://www.thestar.com.my/business/business-news/2021/02/10/aminvestment-reiterates-bullish-outlook-on-sapura-energy