NEXGRAM-WC

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Profile for Warrants

NEXTNATION COMMUNICATION BERHAD

Instrument Type

Warrants
DescriptionWarrants issued pursuant to the Rights Issue with Warrants 
Listing Date22/01/2014
Issue Date16/01/2014
Issue/ Ask PriceNot Applicable
Issue Size IndicatorUnit
Issue Size in Unit211,513,345
Maturity Date15/01/2024
Revised Maturity Date 
Exercise/ Conversion Period10.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion PriceMYR 0.1100
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 :
The warrants issued pursuant to the Rights Issue with Warrants were issued for free to the entitled shareholders and/or their renouncee(s)/transferee(s) who subscribe to the Rights Shares with Warrants.

Each Warrant entitles the registered holder to subscribe for one (1) new ordinary share of RM0.10 each in Nextnation Communication Berhad at any time during the period commencing on and including the Issue Date and ending at 5.00 p.m. in Malaysia on the Maturity Date (“Exercise Period”) at the Exercise Price which shall be subject to the adjustments under certain circumstance in accordance with the provisions of the Deed Poll dated 4 October 2013 constituting the Warrants during the Exercise Period. Any Warrants not exercised during the Exercise Period will thereafter lapse and become void.


Announcement Info

Company NameNEXTNATION COMMUNICATION BERHAD (ACE Market) 
Stock Name NEXTNAT-WC    
Date Announced21 Jan 2014  
CategoryListing Information & Profile
Reference NoMM-140121-66750