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BONUS ISSUE OF UP TO 138,600,000 NEW ORDINARY SHARES OF RM0.10 EACH

Type

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Announcement

Subject

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NEXTNATION COMMUNICATION BERHAD (“NEXTNATION”)
BONUS ISSUE OF UP TO 138,600,000 NEW ORDINARY SHARES OF RM0.10 EACH IN NEXTNATION (“BONUS SHARES”), TO BE CREDITED AS FULLY PAID-UP, ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM0.10 EACH IN NEXTNATION (“BONUS ISSUE”)

Contents :

We refer to the announcements dated 9 May 2006 and 10 May 2006 on the Bonus Issue.

On behalf of the Board of Directors of Nextnation, Public Investment Bank Berhad (formerly known as PB Securities Sdn. Bhd.) (“PIVB”) wishes to announce that 138,600,000 Bonus Shares has been allotted and issued today as a result of the Bonus Issue.

The Bonus Shares will be listed and quoted on Bursa Malaysia Securities Berhad on 28 May 2007.

This announcement is dated 25 May 2007.

 
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