Profile for Warrants
Amended Announcements
Please refer to the earlier announcement reference number: MI-120605-54660
NEXTNATION COMMUNICATION BERHAD |
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 | 171,762,900 |
Maturity Date | 16/05/2022 |
Revised Maturity Date | |
Exercise/ Conversion Period | 10.00Year(s) |
Revised Exercise/ Conversion Period | |
Exercise/Strike/Conversion Price | MYR 0.1000 |
Revised Exercise/Strike/Conversion Price | |
Exercise/ Conversion Ratio | 1 Warrant : 1 ordinary share of RM0.10 each |
Revised Exercise/ Conversion Ratio | |
Mode of satisfaction of Exercise/ Conversion price | Cash |
Settlement Type/ Convertible into | Physical (Shares) |
Remarks : |
36,000,000 additional free Placement Warrants were issued pursuant to the 3rd 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 19 June 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 18 June 2012. |
Announcement Info
Company Name | NEXTNATION COMMUNICATION BERHAD (ACE Market) |
Stock Name | NEXTNAT-WA |
Date Announced | 18 Jun 2012 |
Category | Listing Information & Profile |
Reference No | MI-120612-36467 |