Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

NESTCON BERHAD Capital/Financing Update 2026

May 27, 2026

71145_rns_2026-05-27_de7520ea-6624-4ce5-922d-4a28395f9f28.html

Capital/Financing Update

Open in viewer

Opens in your device viewer

PROVISION OF FINANCIAL ASSISTANCE

NESTCON BERHAD

Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description NESTCON BERHAD ("NESTCON" OR "THE COMPANY") - PROVISION OF FINANCIAL ASSISTANCE PURSUANT TO RULE 8.25(1)(iii) OF ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Pursuant to Rule 8.25(1)(iii) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce the financial assistance provided in the form of advances and corporate guarantees to its subsidiary companies as of 31 March 2026, as follows:-

(a) the Company provided a total advance of RM1,522,851.00 to Nestcon Sustainable Solutions Sdn. Bhd., a 51%-owned subsidiary of the Company.

(b) the Company provided a total advance of RM4,905,000.00 to Nestcon Solar Sdn. Bhd., a wholly-owned subsidiary of Nestcon Sustainable Solutions Sdn. Bhd.

(c) the Company provided a total advance of RM400,000.00 to N2 Solar Sdn. Bhd., a wholly-owned subsidiary of Nestcon Sustainable Solutions Sdn. Bhd.

(d) the Company provided a total advance of RM210,000.00 to Nestcon PJS Sdn. Bhd., a 70%-owned subsidiary of Nestcon Property Sdn. Bhd.

(e) the Company provided a total advance of RM4,550,000.00 to Nestcon Iskandar Puteri Sdn. Bhd., a 70%-owned subsidiary of Nestcon Property Sdn. Bhd.

(f) the Company provided a corporate guarantee in favour of Hong Leong Bank Berhad for the banking facilities of RM12,000,000.00 granted to Nestcon Solar Sdn. Bhd.

(g) the Company provided a corporate guarantee in favour of Bank of China (Malaysia) Berhad for the banking facilities of RM10,000,000.00 granted to Nestcon Solar Sdn. Bhd.

(h) the Company provided a corporate guarantee in favour of OCBC Bank (Malaysia) Berhad for the banking facilities of RM5,000,000.00 granted to Nestcon Solar Sdn. Bhd.

(i) the Company provided a corporate guarantee in favour of OCBC Bank (Malaysia) Berhad for the term loan of RM20,000,000.00 granted to Nestcon Sustainable Solutions Sdn. Bhd.

(j) the Company provided a corporate guarantee in favour of Pac Lease Berhad for the hire purchase of RM5,710,030.46 granted to N2 Solar Sdn. Bhd.

(k) the Company provided a corporate guarantee in favour of United Overseas Bank (Malaysia) Bhd. for the banking facilities of RM29,552,000.00 granted to Nestcon Floatovoltaics Sdn. Bhd.

(l) the Company provided a corporate guarantee in favour of Hong Leong Bank Berhad for the term loan of RM2,700,000.00 granted to Nestcon PJS Sdn. Bhd.

(Collectively, referred to as "the Financial Assistance").

The Financial Assistance provided was to facilitate the operations and financial affairs of Nestcon Sustainable Solutions Sdn. Bhd., Nestcon Solar Sdn. Bhd., N2 Solar Sdn. Bhd., Nestcon PJS Sdn. Bhd., Nestcon Iskandar Puteri Sdn. Bhd. and Nestcon Floatovoltaics Sdn. Bhd.. The Financial Assistance provided does not have any material effect on the earnings per share, net assets per share, and gearing of the Company and its subsidiaries.

This announcement is dated 28 May 2026.

Announcement Info

Company Name NESTCON BERHAD
Stock Name NESTCON
Date Announced 28 May 2026
Category General Announcement for PLC
Reference Number GA1-26052026-00018