NEXGRAM
Rights Issue
| NEXTNATION COMMUNICATION BERHAD |
|
EX-date | 18/12/2013 |
| Entitlement date | 20/12/2013 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to 608,806,200 new ordinary shares of RM0.10 each in NCB ("Rights Shares") together with up to 304,403,100 free detachable warrants ("Warrants") at an issue price of RM0.10 per Rights Share on the basis of two (2) Rights Shares together with one (1) free Warrant for every four (4) existing NCB shares held at 5.00 p.m. on 20 December 2013, based on a minimum subscription level of 120,000,000 Rights Shares together with 60,000,000 free Warrants ("Rights Issue") |
| Period of interest payment | to |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Tricor Investor Services Sdn Bhd (118401-V) Level 17, The Gardens North Tower Mid Valley City, Lingkaran Syed Putra 59200 Kuala Lumpur Wilayah Persekutuan Tel: 603-2264 3883 Fax: 603-2282 1886 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 20/12/2013 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) | |
| Entitlement indicator | Ratio |
| Ratio | 1 : 2 |
| Rights Issues/Offer Price | 0.1 |
| Remarks : |
| The Abridged Prospectus, together with the Notice of Provisional Allotment and Rights Subscription Form (collectively referred to as the "Documents") in relation to the Rights Issue will only be despatched to the shareholders whose names appear on the Record of Depositors at 5.00 p.m. on 20 December 2013. The Documents will only be sent to the entitled shareholders who have a registered address or an address for service in Malaysia. Entitled shareholders who do not have a registered address or an address for service in Malaysia and who wish to change their address to Malaysia should inform their respective stockbrokers as well as the Share Registrar of Nextnation Communication Berhad to effect the change of address. Such notification should be done by 5.00 p.m. on 20 December 2013. The Documents will be despatched to the entitled shareholders not later than two (2) market days from the entitlement date. This announcement is dated 6 December 2013. |
Announcement Info
| Company Name | NEXTNATION COMMUNICATION BERHAD (ACE Market) |
| Stock Name | NEXTNAT |
| Date Announced | 6 Dec 2013 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-131206-41661 |