The Board of Directors of Nexgram is pleased to announce that Nexgram Biomedic Sdn Bhd. (“NBSB”), a wholly-owned sub-subsidiary of the Company entered into a Conditional Offtake and Purchase Agreement (“Agreement”) with PT Mitra Abadi Propertindo Utama (“MAPU”) on 22 July 2020 to sell to MAPU for the latter to promote, market and distribute personal protection equipment (“PPE”) includes gown known as AAMI Isolation Gown and medical glove product known as K-Gloves Nitrile Examination Gloves-powder free in Indonesia, as per the terms and condition of the Agreement.

Please refer to the attachment for details of the announcement.

This announcement is dated 23 July 2020.