NEXGRAM-WA

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Profile for Warrants

Amended Announcements
Please refer to the earlier announcement reference number: MI-120718-54158

NEXGRAM HOLDINGS BERHAD

Instrument Type

Warrants
DescriptionAdjustments to the number of the outstanding Warrants 2012/2022 of Nexgram Holdings Berhad (“Nexgram”) (“Warrant(s) A”) in accordance with the provisions under the deed poll dated 9 May 2012 and a supplemental deed poll dated 23 May 2013 (“Deed Polls”) consequent to the bonus issue of 423,116,217 new ordinary shares of RM0.10 each in Nexgram (“Nexgram Shares”) (“Bonus Shares”), to be credited as fully paid-up, on the basis of one (1) Bonus Share for every three (3) Nexgram Shares held by the entitled shareholders of Nexgram as at 5.00 p.m. on 23 April 2014 (“Entitlement Date”) (“Bonus Issue”) 
Listing Date23/05/2012
Issue Date17/05/2012
Issue/ Ask PriceNot Applicable
Issue Size IndicatorUnit
Issue Size in Unit335,382,607
Maturity Date16/05/2022
Revised Maturity Date 
Exercise/ Conversion Period10.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 0.1000
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio1 Warrant : 1 Share
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion priceCash
Settlement Type/ Convertible intoPhysical (Shares)

Remarks :
We refer to the announcement dated 9 April 2014 in relation to the Bonus Issue.

In accordance with the provisions under the Deed Polls and consequential to the Bonus Issue, 83,845,107 additional Warrants A will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad on 24 April 2014 and no adjustments will be made to the exercise price of the Warrants A of RM0.10 each in accordance with the provisions in the Deed Polls (“Adjustments”).

Further, in accordance with the provisions of the Deed Polls, the Adjustments will take effect on 24 April 2014, being the market day immediately after the issuance of the Bonus Shares on the Entitlement Date.

A notification to the holders of the Warrants A setting out the details of such Adjustments will be despatched in due course.

This announcement is dated 23 April 2014.


Announcement Info

Company NameNEXGRAM HOLDINGS BERHAD (ACE Market) 
Stock Name NEXGRAM-WA    
Date Announced23 Apr 2014  
CategoryListing Information & Profile
Reference NoMM-140423-68134