smaller par value) involve a decrease in the Exercise Price;” 1 2 The Amendment was made pursuant to Clause 7.1.2 of the Deed Poll which states that:- “The Company may from time to time without the consent or sanction of the Warrant Holders make any alteration or modification to this Deed Poll which, in the opinion of the Company:- (i) is not materially prejudicial to the interest of the Warrant Holders; or (ii) to correct a manifest error; or (iii) to comply with mandatory provisions of the laws of Malaysia or the Relevant Regulations; or (iv) is necessary or expedient to take into account changes to SICDA, the Rules of Bursa Depository or any other changes in the law or any change in central depository (as defined by the SICDA) from Bursa Depository or in the nominee company of the central depository (as so defined) for the time being.” Therefore, the Amendment is not subject to the approval of shareholders of the Company, the Warrant Holders or any other relevant authorities. The Amendment shall be effective from 23 May 2013. 3.0 DOCUMENTS FOR INSPECTION Copies of the Deed Poll and the Supplemental Deed Poll are available for inspection at the registered office of the Company at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, Damansara Heights, 50490 Kuala Lumpur, during business hours from the date of this Notice up to and including the earlier of the date on which the last Warrants are exercised or on 16 May 2022, being the expiry date of the Warrants. 4.0 DIRECTORS’ RESPONSIBILITY STATEMENT This Notice has been seen and approved by the Board and they collectively and individually accept full responsibility for the accuracy of the information given in this Notice and confirm that after having made all reasonable enquiries and to the best of their knowledge and belief, there are no false or misleading statements or other material facts the omission of which would make any statement herein false or misleading. Yours faithfully For and on behalf of the Board of Directors of NEXTNATION COMMUNICATION BERHAD
NEXTNATION COMMUNICATION BERHAD ("NEXTNATION" OR "THE COMPANY") - AMENDMENTS TO THE DEED POLL DATED 9 MAY 2012 CONSTITUTING THE 251,559,000 WARRANTS-A OF NCB (“DEED POLL”)
not goreng.This company is profitable. Next P n L is tis mth. Last March the P n L eps was 40 cts .Highest ever for the last 4 quarters.If u know anyone inside, if this mth they declare an EPS that is more than 40cts, likely the stk will be up.gyaphong made a bold move to enter at 9 cts.He maybe rewarded id this mth P and L is more than 40 cts.Good luck kawan !
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 564,102,000 NEW ORDINARY SHARES OF RM0.10 EACH IN NCB (“RIGHTS SHARES”) TOGETHER WITH UP TO 338,461,200 FREE DETACHABLE WARRANTS (“WARRANTS-B”) AT AN ISSUE PRICE OF RM0.11 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY THREE (3) EXISTING ORDINARY SHARES OF RM0.10 EACH IN NCB HELD TOGETHER WITH THREE (3) WARRANTS-B FOR EVERY FIVE (5) RIGHTS SHARES SUBSCRIBED
This company takes long long long time to slowly do their work. So so so slow until nobody cares, then only attack. Property development is long long long long process. How come so many short term speculator playing this stock? I don't see much up or down side maybe just 0.5c enough to pay for Starbuck coffee.
(I) PROPOSED ACQUISITION BY NEXTNATION COMMUNICATION BERHAD (“NCB”) OF ONE (1) BLOCK OF ELEVEN (11)-STOREY OFFICE BUILDING KNOWN AS BLOCK 1 (TYPE E), THE HORIZON, BANGSAR SOUTH BEARING POSTAL ADDRESS TOWER 7, AVENUE 3, THE HORIZON PHASE 1, BANGSAR SOUTH, NO. 8, JALAN KERINCHI, 59200 KUALA LUMPUR ERECTED ON PART OF THE LEASEHOLD LAND HELD UNDER PN 46338, LOT NO. 58190 (FORMERLY HELD UNDER H.S.(D) 115345, LOT NO. PT 8097), MUKIM AND DISTRICT OF KUALA LUMPUR, STATE OF WILAYAH PERSEKUTUAN FROM BIDANG LAGENDA SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM64.00 MILLION TO BE SETTLED VIA THE ISSUANCE OF 192,000,000 NEW ORDINARY SHARES OF RM0.10 EACH IN NCB AT THE ISSUE PRICE OF RM0.30 EACH TOGETHER WITH UP TO 120,000,000 FREE DETACHABLE WARRANTS AND A CASH PAYMENT OF RM6.40 MILLION;
(II) PROPOSED DIVERSIFICATION OF THE BUSINESS OF NCB AND ITS SUBSIDIARIES INTO PROPERTY INVESTMENT AND MANAGEMENT (“PROPOSED DIVERSIFICATION”); AND
(III) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF NCB PURSUANT TO THE PROPOSED DIVERSIFICATIO
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
faizalasrul
953 posts
Posted by faizalasrul > 2013-06-02 09:27 | Report Abuse
smaller par value) involve a decrease in the Exercise Price;”
1
2
The Amendment was made pursuant to Clause 7.1.2 of the Deed Poll which states that:-
“The Company may from time to time without the consent or sanction of the Warrant Holders make
any alteration or modification to this Deed Poll which, in the opinion of the Company:-
(i) is not materially prejudicial to the interest of the Warrant Holders; or
(ii) to correct a manifest error; or
(iii) to comply with mandatory provisions of the laws of Malaysia or the Relevant Regulations; or
(iv) is necessary or expedient to take into account changes to SICDA, the Rules of Bursa
Depository or any other changes in the law or any change in central depository (as defined by
the SICDA) from Bursa Depository or in the nominee company of the central depository (as so
defined) for the time being.”
Therefore, the Amendment is not subject to the approval of shareholders of the Company, the Warrant
Holders or any other relevant authorities. The Amendment shall be effective from 23 May 2013.
3.0 DOCUMENTS FOR INSPECTION
Copies of the Deed Poll and the Supplemental Deed Poll are available for inspection at the registered
office of the Company at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara,
Damansara Heights, 50490 Kuala Lumpur, during business hours from the date of this Notice up to
and including the earlier of the date on which the last Warrants are exercised or on 16 May 2022, being
the expiry date of the Warrants.
4.0 DIRECTORS’ RESPONSIBILITY STATEMENT
This Notice has been seen and approved by the Board and they collectively and individually accept full
responsibility for the accuracy of the information given in this Notice and confirm that after having
made all reasonable enquiries and to the best of their knowledge and belief, there are no false or
misleading statements or other material facts the omission of which would make any statement herein
false or misleading.
Yours faithfully
For and on behalf of the Board of Directors of
NEXTNATION COMMUNICATION BERHAD