NETX
Rights Issue
| NETX HOLDINGS BERHAD |
| EX-date | 16 May 2016 |
| Entitlement date | 18 May 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 625,553,033 NEW ORDINARY SHARES OF RM0.05 EACH IN NETX ("NETX SHARES") ("RIGHTS SHARES") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING NETX SHARE HELD AS AT 5.00 P.M. ON 18 MAY 2016 AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE, TOGETHER WITH UP TO 625,553,033 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED FOR ("RIGHTS ISSUE OF SHARES WITH WARRANTS") |
| 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 entitlement |
| Registrar or Service Provider name, address, telephone no | SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480Kuala Lumpur Malaysia Tel:0362011120 Fax:0362013121 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 18 May 2016 |
| 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) | 625,553,033 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 1 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.050 |
| Par Value | Malaysian Ringgit (MYR) 0.050 |
| Remarks : |
The abridged prospectus, together with the rights subscription form and the notice of provisional allotment (collectively referred to as the "Documents") relating to the Rights Issue of Shares with Warrants will only be despatched to the shareholders of NetX who have registered addresses in Malaysia and whose names appear in NetX's Record of Depositors at 5.00 p.m. on the Entitlement Date ("Entitled Shareholders"). The Documents will not be despatched to Entitled Shareholders with registered addresses outside Malaysia. However, the Entitled Shareholders who wish to receive the Documents have to provide the share registrar of NetX, ShareWorks Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on the Entitlement Date.
The Documents are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia. No action has been or will be taken to ensure that the Rights Issue of Shares with Warrants and the Documents comply with the laws of any country or jurisdiction other than Malaysia.
The Documents will be despatched to the Entitled Shareholders not later than two (2) market days from the Entitlement Date.
This announcement is dated 4 May 2016. |
Announcement Info
| Company Name | NETX HOLDINGS BERHAD |
| Stock Name | NETX |
| Date Announced | 04 May 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-04052016-00002 |