NEXGRAM-WD

0.015

(%)

Listing Information & Profile

Profile for Securities of PLC

NEXGRAM HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
NEXGRAM HOLDINGS BERHAD ("NEXGRAM")

BONUS ISSUE OF 882,847,640 WARRANTS ("WARRANTS D") ON THE BASIS OF 1 NEW WARRANT D FOR EVERY 5 EXISTING ORDINARY SHARES IN NEXGRAM ("SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF NEXGRAM AS AT 5.00 P.M. ON 25 FEBRUARY 2022 ("BONUS ISSUE OF WARRANTS")
Listing Date 10 Mar 2022
Issue Date 02 Mar 2022
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 882,847,640
Maturity Mandatory
Maturity Date 01 Mar 2032
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 10.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.0200
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 D carries the entitlement to subscribe for 1 new 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 11 February 2022 constituting the Warrants D. Any Warrants D not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 9 March 2022.


Announcement Info

Company Name NEXGRAM HOLDINGS BERHAD
Stock Name NEXGRAM-WD
Date Announced 09 Mar 2022
Category Listing Information and Profile
Reference Number LIP-09032022-00001