[NEXGRAM] Private Placement on 21-May-2012

Stock
[NEXGRAM]: NEXGRAM HOLDINGS BERHAD
Announcement Date
21-May-2012
Listing Date
22-May-2012
New Type/Class?
Yes
Type
Private Placement
Details
PRIVATE PLACEMENT OF UP TO 30% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF NEXTNATION TOGETHER WITH FREE DETACHABLE WARRANTS ON THE BASIS OF THREE (3) WARRANTS FOR EVERY TWO (2) NEW ORDINARY SHARES OF RM0.10 EACH IN NEXTNATION SUBSCRIBED (“PRIVATE PLACEMENT WITH WARRANTS”)
No. of shared issued
32,016,600
Issue Price
MYR 0.125
Par Value
MYR 0.100
Total NOSH
489,396,600
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