NICE

0.090

-0.005 (-5.3%)

MEMORANDUM OF UNDERSTANDING ENTERED INTO BETWEEN NICE REE SDN BHD (FORMERLY KNOWN AS SUPREME CONQUEST SDN BHD), A WHOLLY OWNED SUBSIDIARY OF NICE AND GREENSNOW CONSOLIDATED BERHAD FOR COLLABORATION ON THE JOINT DEVELOPMENT OF A RARE EARTH EXPLORATION, EXTRACTION, AND PROCESSING PROJECT IN THE STATES OF TERENGGANU, KELANTAN, AND PAHANG.

NICHE CAPITAL EMAS HOLDINGS BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description 
ENTERED INTO BETWEEN NICE REE SDN BHD (FORMERLY KNOWN AS SUPREME CONQUEST SDN BHD), A WHOLLY OWNED SUBSIDIARY OF NICE AND GREENSNOW CONSOLIDATED BERHAD FOR COLLABORATION ON THE JOINT DEVELOPMENT OF A RARE EARTH EXPLORATION, EXTRACTION, AND PROCESSING PROJECT IN THE STATES OF TERENGGANU, KELANTAN, AND PAHANG.

The Board of Directors of NICE (the "Board") is pleased to announce that NICE REE Sdn Bhd (formerly known as Supreme Conquest Sdn Bhd) ("NREE"), a wholly owned subsidiary of NICE, entered into a Memorandum of Understanding ("MOU") with Greensnow Consolidated Berhad ("GCB") on 7 May 2026 to collaborate on the joint development of a Rare Earth ("RE") exploration, extraction and processing project in the states of Terengganu, Kelantan and Pahang focusing on ion-adsorption clay ("IAC-RE") deposits (the "Project").

 

Please refer to the attachment for further details.

 

 This announcement is dated 7 May 2026.


Please refer attachment below.

Attachments

NICE MOU with Greensnow.pdf
165.7 kB


Announcement Info

Company Name NICHE CAPITAL EMAS HOLDINGS BERHAD
Stock Name NICE
Date Announced 07 May 2026
Category General Announcement for PLC
Reference Number GA1-07052026-00023


View original announcement