[N2N]: N2N CONNECT BHD

29-May-2014

EGM

23-Jun-2014 13:00

16-Jun-2014

Wisma N2N, Level 9, Tower 2, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur

N2N CONNECT BERHAD ("N2N" OR "COMPANY") (I) PROPOSED PRIVATE PLACEMENT OF A TOTAL OF 122,027,600 NEW ORDINARY SHARES OF RM0.10 EACH IN N2N (“N2N SHARES”) (“PLACEMENT SHARES”) REPRESENTING UP TO APPROXIMATELY 28% OF THE ENLARGED ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF RM0.89 PER PLACEMENT SHARE; (II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF N2N FROM RM50,000,000 COMPRISING 500,000,000 N2N SHARES TO RM100,000,000 COMPRISING 1,000,000,000 N2N SHARES BY THE CREATION OF AN ADDITIONAL 500,000,000 NEW N2N SHARES; AND (III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF N2N. (COLLECTIVELY KNOWN AS THE "PROPOSALS") On behalf of N2N, HwangDBS Investment Bank Berhad wishes to announce that the Extraordinary General Meeting ("EGM") of the Company will be held at Wisma N2N, Level 9, Tower 2, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur on Monday, 23 June 2014 at 1.00 p.m. (or immediately following the conclusion or adjournment of the Thirteenth Annual General Meeting of the Company scheduled to be held at 12.00 p.m. on the same day and at the same venue) or at any adjournment thereof, for the purpose of considering and if thought fit, passing the resolutions to give effect to the Proposals. For further information, please refer to the Notice of EGM dated 30 May 2014 as attached.
N2N EGM Ad.pdf

We refer to the announcement dated 29 May 2014.

On behalf of Board of Directors of N2N, HwangDBS Investment Bank Berhad is pleased to announce that the shareholders of N2N have at the Extraordinary General Meeting (“EGM”) held today, approved the resolutions as set out in the Notice of EGM dated 30 May 2014 in relation to the Proposals.

This announcement is dated 23 June 2014.

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