The Group recorded revenue of RM73.32 million in the financial year ended 31 July 2021 (“FYE 2021”) compared to RM41.14 million reported in the previous financial year ended 31 July 2020 (“FYE 2020”). During the year under review, the Group’s revenue saw significant increased by 78.22% contributed from our Group’s Healthcare segments.
The healthcare segment revenue increased to RM42.41 million (FYE 2020: RM4.05 million). However, due to pandemic, the Group logistic and ICT security division were temporarily halted due to weaker demand. As a result of this, the revenue decreased by RM2.21 million and RM1.31 million respectively.
The significant increase in revenue during the year has improved the Group’s loss after tax to RM8.80 million (FYE 2020: RM62.85 million). The improvement was because of cost effective measures by the management to control the Group’s operational expenses and include disposing of its subsidiaries. . The reduced in loss after tax during the financial year was mainly attributable to:
(a) one-off profit on disposal of Arita of RM5.92 million during the FYE 2021, and; (b) one-off profit on disposal of PT NDS of RM0.21 million during the FYE 2021.
The Group expects to continue expanding into new Government digital services (i.e. TracAPM) to airports and jetties to enable the public’s movement through these gateways to be tracked by the Government.
FORWARD LOOKING STATEMENT (CONTINUED) The unprecedented COVID-19 pandemic has led the Malaysian Government to effect containment measures i.e., the enforcement of several phases of MCOs since mid-March 2020 nationwide which led to periodical shutdown of non-essential activities.
The Group’s businesses were also disrupted as conventional ICT and logistics industry (i.e. dry bulk cargo activities) were deemed as non-essential activities; while the healthcare related services were allowed to operate as it is deemed as essential services.
The introduction of healthcare services such as COVID-19 health screening and Government digital services such as travelers entry registration, quarantine process management systems, quarantine station hotel and transport management (i.e. transporting travelers to quarantine station hotel) by the Group in 2021 represents an opportunity for the Group to provide timely service during the COVID-19 pandemic, which correspondingly mitigated the Group’s reliance on its conventional ICT and logistics segment which experienced business challenges and economic slowdown as a result of the implementation of the MCOs.
FORWARD LOOKING STATEMENT (CONTINUED) The Group expects the demand for its ICT and logistics services to resume as Malaysia transits into the national recovery phases in the 2nd half of 2021 onwards together with the resumption of economic activities. Starting from 11 October 2021, fully-vaccinated individuals are allowed cross-state travel and cross-district activities throughout the country and are required to adhere to the imposition of strict Standard Operating Procedures.
As the transition to normalcy and herd immunity from COVID-19 would happen gradually, the Group is of the view that demand for healthcare related services will continue to grow due to the precautionary measures undertaken by the public and government.
Furthermore, with the resumption of economic activities, the Group expects the demand for its ICT and logistics services to improve in tandem with the economic activities.
The Board of Directors of Nexgram Holdings Berhad (“Nexgram” or “the Company”) wishes to announce that, Coconut Three Sdn Bhd (formerly known as Nexgram Land Sdn Bhd) (a wholly-owned subsidiary of the Company) (“Appellant”) had on 30 November 2021 received the decision of the Court of Appeal against Spacious Glory Sdn Bhd (“First Respondent”) and Lau Tian Kit (“Second Respondent”) (collectively refer as “Respondents”) as follows:-
(a) The Appellant’s appeal is allowed with costs of RM50,000-00 each here and below to be paid by the First Respondent and the Second Respondent to the Appellant;
(b) Nominal damages of RM5,000-00 awarded by the High Court to the Appellant is set aside;
(c) The special damages of RM52,660-28 is to be paid by the Respondents to the Appellant;
(d) The claim for specific performance granted by the High Court to the First Respondent, and the order for the Appellant to pay the consideration sum of RM12,500,000-00 to the First Respondent pursuant to the Share Sale agreement dated 14 April 2016 are set aside;
(e) A declaration that Share Sale Agreement dated 14 April 2016 between the First Respondent and the Appellant is terminated and does not bind both parties according to the law and not to be given effect;
(f) An order that the 770,000 shares in Blue Hill Development Sdn Bhd (“Blue Hill”) and registered under the name of the Appellant be transferred back to the First Respondent with all cost relating to such transfer be borne by the First Respondent and/or Second Respondent, within fourteen (14) days from the date of this Order;
(g) In the event that the First Respondent refuses to effect the necessary transfer of the 770,000 shares in Blue Hill, the Senior Assistant Registrar of the High Court be empowered to sign off and/or execute the necessary transfer form;
(h) The Respondents’ cross appeals both dated 19 October 2018 are unanimously dismissed.
(i) The Decision of the High Court dated 20 July 2018 is varied accordingly
geng ambo mai balik setelah teman rest beberapa hari
Gapo Ozura 1.5 sen , 2 sen pun dia lempaq ( throww ) ni,,, terdesak nak bayar hutang loan bank nii ? dia ozura lagi tau insider - signal macam ini Cap Ayam nak GOL - nak MAPOHH nii ? dari dapat haboq - lempar 1.5 sen pung mujorr dohh,,,kerr Guanerr Ganu Kiterr ?
Warrant WD bila keluaq setengah sen jer BEB bila trading , silap haribulan terus GOL / MAPOHH Mak ini Cap Ayam Nexgram pun 1.5 sen - menghampiri kubur dohh,,,Kerrr Guanerr ?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by zzzzzzz > 2021-11-30 15:38 | Report Abuse
Consolidation PN GN ATAO DELISTED