NETX
Rights Issue
NETX HOLDINGS BERHAD |
Entitlement subject | Rights Issue |
Type | Renounceable |
Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 629,491,596 NEW ORDINARY SHARES IN NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") ("NETX SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.13 PER RIGHTS SHARE TOGETHER WITH UP TO 314,745,798 FREE DETACHABLE WARRANTS IN NETX ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY ENTITLED SHAREHOLDERS OF NETX AT 5.00 P.M. ON 2 OCTOBER 2020 ("RIGHTS ISSUE WITH WARRANTS") |
Ex-Date | 01 Oct 2020 |
Entitlement date | 02 Oct 2020 |
Entitlement time | 5:00 PM |
Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 02 Oct 2020 |
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) |
|
Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.1300 |
Par Value (if applicable) | |
Entitlement indicator | Ratio |
Entitlement Details | |
Company Name | NETX HOLDINGS BERHAD |
Entitlement | Ordinary Rights |
Ratio (New:Existing) | 6.0000 : 2.0000 |
Rights Crediting Date | 02 Oct 2020 |
Fractional Entitlement |
Registrar or Service Provider name, address, telephone no |
SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0362011120 Fax:0362013121 |
Remarks : |
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (collectively, the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 2 October 2020 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, ShareWorks Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 2 October 2020. The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, and are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue with Warrants complies with the laws of any country or jurisdiction other than the laws of Malaysia. Entitled Shareholders who do not have a registered address in Malaysia for the service of documents and wish to provide a Malaysian address, should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 2 October 2020. This announcement is dated 18 September 2020. |
Announcement Info
Company Name | NETX HOLDINGS BERHAD |
Stock Name | NETX |
Date Announced | 18 Sep 2020 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-18092020-00012 |
Corporate Action ID | MY200918RHDI0001 |