【NGGB 7241 交流专区】（前名 BHS）

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NEXTGREEN GLOBAL BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Private Placement
Details of corporate proposal	Private Placement
No. of shares issued under this corporate proposal	19,500,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.9300
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	1,015,233,718
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 369,239,129.970
Listing Date	05 Apr 2024

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Type	Announcement
Subject	OTHERS
Description	NEXTGREEN GLOBAL BERHAD ("NEXTGREEN" OR THE "COMPANY")SHAREHOLDERS' AGREEMENT BETWEEN NEXTGREEN GLOBAL BERHAD, IOI PAPER PULP SDN BHD (FORMERLY KNOWN AS IOI COPRA MILL SDN BHD) AND NEXTGREEN IOI PULP SDN BHD
The Board of Directors of Nextgreen (“Board”) wishes to announce that the Company had on 8 April 2024 entered into a Shareholders’ Agreement (“SA”) with IOI Paper Pulp Sdn Bhd (formerly known as IOI Copra Mill Sdn Bhd), an indirect wholly-owned subsidiary of IOI Corporation Berhad (“IOI Paper Pulp”) and Nextgreen IOI Pulp Sdn Bhd (“NIP” or the “JVC”) to mutually cooperate in the conduct of the business and affairs of the joint venture company, NIP and to govern the rights and obligations of the parties in NIP. Nextgreen, IOI Paper Pulp and NIP collectively referred to as the “Parties” and each a “Party”. The purpose of the joint venture is to formalise a collaboration between the Parties and to draw the skills, expertise, experience and capabilities of each other for the benefit of the JVC (“Joint Venture”) in relation to the development of the first large-scale zero-waste paper pulp plant with an initial capacity to produce 100,000 metric tonnes per annum of paper pulp, made from oil palm empty fruit bunches (“EFB”), using the patented Preconditioning Refiner Chemical-Recycle Bleached Mechanised Pulp (“PRC-RBMP”) technology (“Pulp Production Facility”) on a plot of industrial land measuring approximately 43 acres in the 410 acres Green Technology Park located in Pekan, Pahang (“Project”). Please refer to the attachment for the details of the announcement. This announcement is dated 8 April 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3436991

Attachments Nextgreen - Shareholders Agreement (to Bursa).pdf

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Type	Announcement
Subject	MEMORANDUM OF UNDERSTANDING
Description	NEXTGREEN GLOBAL BERHAD ("NEXTGREEN" OR "THE COMPANY")MEMORANDUM OF UNDERSTANDING BETWEEN NEXTGREEN IOI PULP SDN BHD AND XIAMEN C&D PAPER & PULP GROUP CO. LTD.
The Board of Directors (“Board”) of Nextgreen wishes to announce that Nextgreen IOI Pulp Sdn Bhd (“NIP”), a 55%-owned subsidiary of Nextgreen had on 10 April 2024 entered into a Memorandum of Understanding (“MOU”) with Xiamen C&D Paper & Pulp Group Co. Ltd. (“Xiamen C&D”) to form a joint venture company (“JVC”) to undertake the proposed development of a paper pulp production facility (“Pulp Production Facility”) on the plot of land measuring approximately 43 acres in area (“Development Land”) comprised in the 410-acre in Green Technology Park located in Pekan, Pahang. The Pulp Production Facility would have an initial capacity to produce 100,000 metric tonnes per annum of paper pulp, made from oil palm empty fruit bunches (“EFB”), using the patented Preconditioning Refiner Chemical-Recycle Bleached Mechanised Pulp (“PRC-RBMP”) technology (‘referred to as “Project”). NIP and Xiamen C&D are each referred to as the “Party” and collectively referred to as the “Parties”. Please refer to the attachment for the details of the announcement. This announcement is dated 12 April 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3437821

Attachments Nextgreen - Memorandum of Understanding (to Bursa).pdf