(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....
leongpenta
4 posts
Posted by leongpenta > 2012-10-28 10:13 | Report Abuse
If mother share:
round1 5c go 14c (300%), round2 8c go 17c or 8c go 22c(300%)
Warrant would be:
5c go 14c?