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NESTCON BERHAD Regulatory Filings 2026

Mar 16, 2026

71145_rns_2026-03-16_8fefe56c-b413-433c-9b0a-ce2e4b3860ea.html

Regulatory Filings

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS NESTCON BERHAD ('NESTCON" OR "COMPANY") (I) PROPOSED JOINT DEVELOPMENT; AND (II) PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

NESTCON BERHAD


Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	NESTCON BERHAD ('NESTCON" OR "COMPANY") (I) PROPOSED JOINT DEVELOPMENT; AND (II) PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Unless otherwise stated or redefined, all abbreviations and definitions used herein shall have the same meanings as those set out in the Company's announcements dated 3 March 2025, 18 April 2025, 4 June 2025 and 13 March 2026 in relation to the Proposals ("Announcements"). In relation to the Company's announcement dated 13 March 2026 regarding the mutual termination of the JDA under the Proposed Joint Development on 13 March 2026 ("Termination"). On behalf of the Board, M&A Securities Sdn Bhd wishes to provide additional information in relation to the Termination, as follows: 1. Rationale for the Termination The Termination was due to the non-fulfilment of the Conditions Precedent as stated in Clauses 2.1 (e) and (f) of the JDA (as set out in the salient terms of the JDA in the Company's announcement dated 3 March 2025). 2. Financial impact (if any) to the Company pursuant to the Termination including arising from any cost(s) incurred in relation to the Proposals Saved for the professional fees expenses incurred for the Proposals (i.e. not exceeding RM200,000), there are no other financial impact arising from the Termination. 3. Whether there are any penalties, termination fees, or compensation paid or to be paid by Nestcon Group or Kumpulan Wilayah Sejati Sdn Bhd as a result of the Termination There are no penalties, termination fees, or compensation paid or to be paid by Nestcon Group or Kumpulan Wilayah Sejati Sdn Bhd as a result of the Termination. This announcement is dated 17 March 2026.

Announcement Info


Company Name	NESTCON BERHAD
Stock Name	NESTCON
Date Announced	17 Mar 2026
Category	General Announcement for PLC
Reference Number	GA1-17032026-00020