June 18, 2012

Company announcements: NEXTNAT, NEXTNAT-WA, JERASIA

NEXTNAT - Additional Listing Announcement

Announcement Type: Additional Listing Announcement (ALA)
Submitting Merchant Bank: KAF INVESTMENT BANK BERHAD
Company Name: NEXTNATION COMMUNICATION BERHAD (ACE Market)
Stock Name: NEXTNAT
Date Announced: 18/06/2012

Announcement Detail:
Whether the corporate proposal involves the issuance of new type and new class of securities?: No

Types of corporate proposal: Private Placement

Details of corporate proposal: PRIVATE PLACEMENT OF UP TO 30% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF NEXTNATION TOGETHER WITH FREE DETACHABLE WARRANTS ON THE BASIS OF THREE (3) WARRANTS FOR EVERY TWO (2) NEW ORDINARY SHARES OF RM0.10 EACH IN NEXTNATION SUBSCRIBED ("PRIVATE PLACEMENT WITH WARRANTS")

No. of shares issued under this corporate proposal: 24,000,000

Issue price per share ($$): MYR 0.125

Par Value ($$): MYR 0.100

Units: 541,396,600

Currency: MYR 54,139,660.000

Listing Date: 19/06/2012

Whether the corporate proposal involves the issuance of new type and new class of securities?: No

Types of corporate proposal: Private Placement

Details of corporate proposal: Additional Warrants

No. of shares issued under this corporate proposal: 36,000,000

Issue price per share ($$): MYR 0.000

Par Value ($$): MYR 0.000

Units: 171,762,900

Currency: MYR 0.000

Listing Date: 19/06/2012


NEXTNAT-WA - Profile for Warrants (Amended Announcement)

Announcement Type: Listing Information & Profile
Submitting Merchant Bank: KAF INVESTMENT BANK BERHAD
Company Name: NEXTNATION COMMUNICATION BERHAD (ACE Market)
Stock Name: NEXTNAT-WA
Date Announced: 18/06/2012

Announcement Detail:
Instrument Type: Warrants

Description: Warrants issued pursuant to the Bonus Issue of Warrants and the Private Placement with Warrants

Listing Date: 23/05/2012

Issue Date: 17/05/2012

Issue/ Ask Price: Not Applicable

Issue Size Indicator: Unit

Issue Size in Unit: 171,762,900

Maturity Date: 16/05/2022

Exercise/ Conversion Period: 10.00Year(s)

Exercise/Strike/Conversion Price: MYR 0.1000

Exercise/ Conversion Ratio: 1 Warrant : 1 ordinary share of RM0.10 each

Mode of satisfaction of Exercise/ Conversion price: Cash

Settlement Type/ Convertible into: Physical (Shares)

Remarks: 36,000,000 additional free Placement Warrants were issued pursuant to the 3rd tranche Placement Shares on the basis of three (3) Placement Warrants for every two (2) Placement Shares subscribed. The date of listing and quotation of these additional Placement Warrants is 19 June 2012.

Each Warrant carries the entitlement to subscribe for one (1) new Nextnation Share at an exercise price of RM0.10 and at any time during the exercise period, subject to the adjustments in accordance with the provisions of the deed poll dated 9 May 2012 constituting the Warrants. Any Warrants not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose

This announcement is dated 18 June 2012.


JERASIA - Change in Boardroom

Announcement Type: Change in Boardroom
Company Name: JERASIA CAPITAL BERHAD
Stock Name: JERASIA
Date Announced: 18/06/2012

Announcement Detail:
Date of change: 15/06/2012

Name: LAM KAM WENG @ LAM THYE LOY

Age: 69

Nationality: Malaysian

Type of change: Demised

Designation: Non-Executive Director

Directorate: Independent & Non Executive

Qualifications: Bachelor of Arts (Honours) Degree from the University of Malaya

Working experience and occupation: Mr. Lam Kam Weng was appointed to the Board of Directors of Jerasia Capital Berhad on 30 April 2001. He retired as the Senior Advisor of Pentex Sdn Bhd, Pentley Sdn Bhd, Penfabric Sdn Bhd and Woodard Textile Mills Sdn Bhd where he had worked for 27 years. Mr. Lam was also the former President of Malaysian Textile Manufacturers' Association (MTMA) and the Council Member of the Malaysian Textile and Apparel Centre (MATAC).

Directorship of public companies (if any): No

Family relationship with any director and/or major shareholder of the listed issuer: No

Any conflict of interests that he/she has with the listed issuer: No

Details of any interest in the securities of the listed issuer or its subsidiaries: 381,900 ordinary shares representing 0.47% equity interest in Jerasia Capital Berhad.


JERASIA - Change in Audit Committee

Announcement Type: Change in Audit Committee
Company Name: JERASIA CAPITAL BERHAD
Stock Name: JERASIA
Date Announced: 18/06/2012

Announcement Detail:
Date of change: 15/06/2012

Name: LAM KAM WENG @ LAM THYE LOY

Age: 69

Nationality: Malaysian

Type of change: Demised

Designation: Member of Audit Committee

Directorate: Independent & Non Executive

Qualifications: Bachelor of Arts (Honours) Degree from the University of Malaya

Working experience and occupation: Mr. Lam Kam Weng was appointed to the Board of Directors of Jerasia Capital Berhad on 30 April 2001. He retired as the Senior Advisor of Pentex Sdn Bhd, Pentley Sdn Bhd, Penfabric Sdn Bhd and Woodard Textile Mills Sdn Bhd where he had worked for 27 years. Mr. Lam was also the former President of Malaysian Textile Manufacturers' Association (MTMA) and the Council Member of the Malaysian Textile and Apparel Centre (MATAC).

Directorship of public companies (if any): No

Family relationship with any director and/or major shareholder of the listed issuer: No

Any conflict of interests that he/she has with the listed issuer: No

Details of any interest in the securities of the listed issuer or its subsidiaries: 381,900 ordinary shares representing 0.47% equity interest in Jerasia Capital Berhad.

Composition of Audit Committee (Name and Directorate of members after change): Dato' Tan Yik Huay (Chairman of Audit Committee, Independent Non-Executive Director)
Dato' Nik Mohamed Din bin Datuk Nik Yusoff (Member of Audit Committee, Independent Non-Executive Director)


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