NETX

0.145

-0.01 (-6.5%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") BONUS ISSUE OF WARRANTS

NETX HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY")

BONUS ISSUE OF WARRANTS
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 11 January 2024 in relation to the Bonus Issue of Warrants, where applicable, unless stated otherwise or defined herein.)

Reference is made to the earlier announcements dated 11 January 2024, 29 March 2024, 12 April 2024 and 29 April 2024 in relation to the Bonus Issue of Warrants.

On behalf of the Board, TA Securities wishes to announce that the Company has resolved to fix the exercise price of the Warrants D at RM0.10 per Warrant D.

The exercise price of the Warrants D represents a discount of approximately 18.96% to the TEAP of NetX Shares of RM0.1234, calculated based on the 5-day VWAP of NetX Shares up to and including 26 June 2024 (being the last trading day before the date of this announcement) of RM0.1351.

This announcement is dated 27 June 2024.





Announcement Info

Company Name NETX HOLDINGS BERHAD
Stock Name NETX
Date Announced 27 Jun 2024
Category General Announcement for PLC
Reference Number GA1-27062024-00033