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: 20/07/2012
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: 23,697,400
Issue price per share ($$): MYR 0.120
Par Value ($$): MYR 0.100
Units: 594,594,000
Currency: MYR 59,459,400.000
Listing Date: 23/07/2012
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: 35,546,100
Issue price per share ($$): MYR 0.000
Par Value ($$): MYR 0.000
Units: 251,559,000
Currency: MYR 0.000
Listing Date: 23/07/2012
Submitting Merchant Bank: KAF INVESTMENT BANK BERHAD
Company Name: NEXTNATION COMMUNICATION BERHAD (ACE Market)
Stock Name: NEXTNAT
Date Announced: 20/07/2012
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: 23,697,400
Issue price per share ($$): MYR 0.120
Par Value ($$): MYR 0.100
Units: 594,594,000
Currency: MYR 59,459,400.000
Listing Date: 23/07/2012
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: 35,546,100
Issue price per share ($$): MYR 0.000
Par Value ($$): MYR 0.000
Units: 251,559,000
Currency: MYR 0.000
Listing Date: 23/07/2012
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: 20/07/2012
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: 251,559,000
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: 35,546,100 additional free Placement Warrants were issued pursuant to the 5th and final 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 23 July 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 20 July 2012.
Submitting Merchant Bank: KAF INVESTMENT BANK BERHAD
Company Name: NEXTNATION COMMUNICATION BERHAD (ACE Market)
Stock Name: NEXTNAT-WA
Date Announced: 20/07/2012
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: 251,559,000
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: 35,546,100 additional free Placement Warrants were issued pursuant to the 5th and final 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 23 July 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 20 July 2012.
No comments:
Post a Comment