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Warrants issued pursuant to the Bonus Issue of Warrants and the Private Placement with Warrants
Listing Date
23/05/2012
Issue Date
17/05/2012
Issue/ Ask Price
Not Applicable
Issue Size Indicator
Unit
Issue Size in Unit
93,762,900
Maturity Date
16/05/2022
Revised Maturity Date
Exercise/ Conversion Period
10.00Year(s)
Revised Exercise/ Conversion Period
Exercise/Strike/Conversion Price
MYR 0.1000
Revised Exercise/Strike/Conversion Price
Exercise/ Conversion Ratio
1 Warrant : 1 ordinary share of RM0.10 each
Revised Exercise/ Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price
Cash
Settlement Type/ Convertible into
Physical (Shares)
Remarks :
45,738,000 Bonus Warrants are issued to the entitled shareholders of Nextnation Communication Berhad ("Nextnation") on the basis of one (1) Bonus Warrant for every ten (10) existing ordinary shares of RM0.10 each held in Nextnation ("Nextnation Shares") as at 5.00 p.m. on 15 May 2012.
48,024,900 free Placement Warrants are issued on the basis of three (3) Placement Warrants for every two (2) Placement Shares subscribed.
Each Warrant carries the entitlement to subscribe for one (1) new Nextnation Share at an exercise price of RM0.10 and at any time during the exercise period, subject to the adjustments in accordance with the provisions of the deed poll dated 9 May 2012 constituting the Warrants. Any Warrants not exercised during the exercise period will thereafter lapse and cease to be valid for any purpose
