NESTCON

0.380

+0.02 (+5.6%)

Circular/Notice to Shareholders

NESTCON BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED ACQUISITION BY NESTCON ISKANDAR PUTERI SDN. BHD., AN INDIRECT 70%-OWNED SUBSIDIARY OF NESTCON, OF 3 PARCELS OF LAND LOCATED IN MUKIM PULAI, DAERAH JOHOR BAHRU, JOHOR DARUL TA'ZIM, WITH A TOTAL LAND AREA OF APPROXIMATELY 33,782.284 SQUARE METRE FROM KLG ISKANDAR PUTERI SDN. BHD. FOR A TOTAL CASH CONSIDERATION OF RM95.00 MILLION ("PROPOSED ACQUISITION"); AND (II) PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF NESTCON AND ITS SUBSIDIARIES TO INCLUDE PROPERTY DEVELOPMENT ("PROPOSED DIVERSIFICATION") (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")


Please refer attachment below.



Announcement Info

Company Name NESTCON BERHAD
Stock Name NESTCON
Date Announced 15 Jun 2026
Category Document Submission
Reference Number DCS-12062026-00015