The Board of Directors of Nextgreen wishes to announce that the Company had on 9 June 2022 entered into a Memorandum of Understanding ("MOU") with National Farmers Organization ("NAFAS") to establish a strategic cooperation for the production of organic fertilizers, animal feed and investment ('referred to as "Project").
Further details of the MOU are set out in the attachment below.
This announcement is dated 9 June 2022.