N2N-WA

0.430

(%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: OD-130409-40270

N2N CONNECT BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Renounceable rights issue of up to 108,110,000 five (5)-year warrants 2013/2018 (Warrants) at an issue price of RM0.02 for each Warrant on the basis of one (1) Warrant for every three (3) existing ordinary shares of RM0.10 each in N2N Connect Berhad (N2N Shares) held at 5.00 p.m. on 19 March 2013 (Rights Issue of Warrants)
Listing Date 11 Apr 2013
Issue Date 09 Apr 2013
Issue/ Ask Price Malaysian Ringgit (MYR) � 0.0200
Issue Size Indicator Unit
Issue Size in Unit 99,923,600
Maturity Mandatory
Maturity Date 08 Apr 2018
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) � 0.4500
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 : 
The exercise price has been adjusted upwards to RM0.45 per Warrant on the third anniversary of the issuance of the Warrants under the step-up mechanism as described in the Profile for Warrants which was announced on 9 April 2013.

Announcement Info

Company Name N2N CONNECT BERHAD
Stock Name N2N-WA
Date Announced 27 Apr 2017
Category Listing Information and Profile
Reference Number LIP-27042017-00001


View original announcement