PETALING JAYA: Nexgram Holdings Bhd has discontinued its joint-venture (JV) with Seychelles-incorporated China Asian Capital Holdings Ltd (CACH), within barely seven months of forming the partnership to develop Angkasa Icon City.
In a filing with Bursa Malaysia, the loss-making company announced that the joint-venture between its wholly-owned subsidiary Nexgram Land Sdn Bhd and CACH has been nullified, as both parties could not agree on commercially viable terms.
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