Contact us
BONUS ISSUE OF 468,976,292 NEW WARRANTS IN NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") ("WARRANTS D") ON THE BASIS OF 1 WARRANT D FOR EVERY 2 EXISTING ORDINARY SHARES IN NETX ("NETX SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF NETX AT 5.00PM ON 15 JULY 2024
Each Warrant D carries the entitlement to subscribe for 1 new NetX Share at the exercise price of RM0.10 at any time during the exercise period (as indicated above) ("Exercise Period"), subject to any adjustments that may be made from time to time in accordance with the provisions of the deed poll constituting the Warrants D dated 27 June 2024. Any Warrant D not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose and shall be cancelled and treated to have been cancelled forthwith. If the maturity date of the Warrants D falls on a non-market day, then it will fall on the preceding market day. The announcement is dated 24 July 2024.