6025
Offer for Sale
| NEXNEWS BERHAD |
|
EX-date | 20/11/2003 |
| Entitlement date | 27/11/2003 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Offer for Sale |
| Entitlement description: | NEXNEWS BERHAD (“NEXNEWS” OR THE “COMPANY”) RENOUNCEABLE OFFER FOR SALE OF UP TO 33,374,250 IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.10 EACH IN NEXNEWS (“ICPS”) TO THE MINORITY SHAREHOLDERS OF NEXNEWS AT AN OFFER PRICE OF RM1.00 EACH ON THE BASIS OF SEVEN (7) ICPS FOR EVERY FOUR (4) EXISTING NEXNEWS SHARES HELD (“OFFER FOR SALE”). |
| Period of interest payment | to |
| For year ending/Period ending/ended | |
| Share transfer book & register of members will be closed from (both dates inclusive) for the purpose of determining the entitlements | 27/11/2003 to 27/11/2003 |
| Registrar's name ,address, telephone no: | PFA REGISTRATION SERVICES SDN BHD LEVEL 13, UPTOWN 1 NO. 1, JALAN SS21/58 DAMANSARA UPTOWN 47400 PETALING JAYA SELANGOR DARUL EHSAN TEL. NO.: 03 - 7725 4888 |
| Payment date | |
| a) Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 27/11/2003 |
| 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 KLSE on a cum entitlement basis according to the Rules of the KLSE. | |
| Number of new shares/securities issued (units) (If applicable) | 33374250 |
| Entitlement indicator | Ratio |
| Ratio | 7 : 4 |
| Rights Issues/Offer Price | 1 |
Announcement Info
| Company Name | NEXNEWS BERHAD |
| Stock Name | NEXNEWS |
| Date Announced | 6 Nov 2003 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MM-031106-42734 |