DNEX-WE

0.170

-0.035 (-17.1%)

Listing Information & Profile

Profile for Securities of PLC

DAGANG NEXCHANGE BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Dagang NeXchange Berhad ("DNeX" or the "Company")

Bonus issue of 1,157,306,043 free warrants in DNeX ("Warrant(s) E") on the basis of 1 Warrant E for every 3 ordinary shares in DNeX held by the entitled shareholders of the Company at 5.00 p.m. on 17 July 2025 ("Bonus Issue of Warrants")
Listing Date 28 Jul 2025
Issue Date 24 Jul 2025
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 1,157,306,043
Maturity Mandatory
Maturity Date 23 Jul 2030
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 5.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.1900
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 E carries the entitlement to subscribe for 1 new DNeX Share at the exercise price of RM0.19 and at any time during the exercise period of 5 years as indicated above ("Exercise Period") commencing from and including the issue date and ending at 5.00 p.m. on the maturity date (provided that if such a day is not a market day, then it shall be the market day immediately preceding the said non-market day). The Warrants E are subject to the adjustments in accordance with the provisions of the deed poll dated 3 July 2025 constituting the Warrants E. Any Warrants E not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.


This announcement is dated 25 July 2025.


Announcement Info

Company Name DAGANG NEXCHANGE BERHAD
Stock Name DNEX-WE
Date Announced 25 Jul 2025
Category Listing Information and Profile
Reference Number LIP-25072025-00002