NETX-WB

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

NETX HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY")

Issuance of 625,553,033 free detachable warrants ("Warrants") to the entitled shareholders of NetX pursuant to the renounceable rights issue of up to 625,553,033 new ordinary shares of RM0.05 each in NetX ("NetX Shares") ("Rights Shares") on the basis of one (1) Rights Share for every one (1) existing NetX Share held as at 5.00 p.m. on 18 May 2016 ("Entitlement Date"), together with up to 625,553,033 Warrants on the basis of one (1) Warrant for every one (1) Rights Share subscribed for ("Rights Issue of Shares With Warrants")
Listing Date 16 Jun 2016
Issue Date 09 Jun 2016
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 625,553,033
Maturity Mandatory
Maturity Date 08 Jun 2019
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 3.00 � Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) � 0.0500
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Each Warrant carries the entitlement to subscribe for one (1) new NetX Share at the exercise price (as indicated above) and at any time during the exercise period (as indicated above) ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 4 May 2016, 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 15 June 2016.


Announcement Info

Company Name NETX HOLDINGS BERHAD
Stock Name NETX-WB
Date Announced 15 Jun 2016
Category Listing Information and Profile
Reference Number LIP-15062016-00010