Entitlement date23/04/2014
Entitlement time05:00:00 PM
Entitlement subjectOthers
Entitlement descriptionAdjustments to the number of the Warrants 2013/2023 of Nexgram Holdings Berhad ("Nexgram") ("Warrant(s) B") in accordance with the provisions under the deed poll dated 22 July 2013 consequent to the bonus issue of up to 617,384,147 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")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noTricor Investor Services Sdn Bhd (118401-V)
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur
Wilayah Persekutuan
Tel: 603-2264 3883
Fax: 603-2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers23/04/2014 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorRatio
Ratio 1 : 3
Rights Issues/Offer Price

Remarks :
Holders of the Warrants B ("Warrantholders") who wish to be entitled to the Bonus Issue shall exercise their rights to subscribe for new Nexgram Shares by lodging their duly completed exercise forms together with the relevant subscription monies with Nexgram's Share Registrar (at the address stated above) on or before 5.00 p.m. on 11 April 2014. This is to enable the new Nexgram Shares arising from such exercise to be allotted to the respective Warrantholders such that their names will appear in the Record of Depositors for Nexgram Shares at 5.00 p.m. on the Entitlement Date.

Effective on 24 April 2014 (being one (1) market day after the Entitlement Date), the number of outstanding Warrants B and the exercise price for such Warrants B shall be adjusted in accordance with the clauses pertaining to the adjustments of the exercise price and number of warrants as set out in the deed poll governing the Warrants B ("Adjustments"). Warrantholders whose names appear in the Record of Depositors for the Warrants B at 5.00 p.m. on 23 April 2014 (being the Entitlement Date) will be entitled to receive the additional warrants arising from the Adjustments. For the avoidance of doubt, Warrantholders who lodge their duly completed exercise forms between 14 April 2014 and 23 April 2014 (both dates inclusive) will not be entitled for the Bonus Issue or the additional Warrants B arising from the Adjustments.

Pursuant to the Adjustments, the Warrantholders will be entitled to one (1) additional Warrant B for every three (3) existing Warrants B held and the existing exercise price of the Warrants B of RM0.35 each will be adjusted accordingly to RM0.26 each (including additional Warrants B).

As a result of the Adjustments, up to 40,000,000 additional Warrants B with the exercise price of RM0.26 will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad on 24 April 2014. A notification to the Warrantholders setting out the details of such Adjustments will be despatched to the Warrantholders in due course.

This announcement is dated 9 April 2014.

Announcement Info

Stock Name NEXGRAM-WB    
Date Announced9 Apr 2014  
CategoryEntitlements (Notice of Book Closure)
Reference NoMM-140409-52778