NEXGRAM-WB

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Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: MM-140423-68562

NEXGRAM HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
ADJUSTMENTS TO THE NUMBER AND EXERCISE PRICE OF OUTSTANDING WARRANTS 2013/2023 ("WARRANT(S) B") CONSTITUTED BY THE DEED POLL DATED 22 JULY 2013 ("DEED POLL B"), AS A CONSEQUENCE OF THE CONSOLIDATION OF EVERY 10 ORDINARY SHARES IN NEXGRAM HOLDINGS BERHAD ("NEXGRAM") ("NEXGRAM SHARE(S)") INTO 1 NEXGRAM SHARE ("CONSOLIDATED SHARE(S)") AT 5.00 P.M. ON 24 NOVEMBER 2022 ("SHARE CONSOLIDATION")

1st Further Issue Information

Listing Date 24 Apr 2014
Issue Date 23 Apr 2014
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 39,999,752
Enlarge Issue Size in Unit 159,999,752

2nd Further Issue Information

Listing Date 25 Nov 2022
Issue Date 24 Nov 2022
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 0
Enlarge Issue Size in Unit 15,999,975

Initial Listing Information

Listing Date 30 Jul 2013
Issue Date 23 Jul 2013
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 120,000,000
Maturity Mandatory
Maturity Date 22 Jul 2023
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)   0.2600
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   2.6000
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 : 
Pursuant to the Share Consolidation, the exercise price of the outstanding Warrants B will be revised from RM0.26 to RM2.60 each while 159,999,752 Consolidated Warrants B will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad on 25 November 2022 (collectively referred to as the "Adjustments").

Further, in accordance with the provisions of the Deed Poll B, the Adjustments takes effect from 5.00 p.m., 24 November 2022, being the entitlement date for the Share Consolidation.

The notice to the holders of the Warrants B (setting out the details of the Adjustments) will be despatched in due course.

This announcement is dated 24 November 2022.

Announcement Info

Company Name NEXGRAM HOLDINGS BERHAD
Stock Name NEXGRAM-WB
Date Announced 24 Nov 2022
Category Listing Information and Profile
Reference Number LIP-24112022-00015


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