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PROPOSED BONUS ISSUE OF UP TO 138,600,000 NEW ORDINARY SHARES OF RM0.10 EACH |
| Type | : | Announcement | | Subject | : | NEXTNATION COMMUNICATION BERHAD (“NEXTNATION”)
PROPOSED 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 HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED BONUS ISSUE”) | Contents :
Further to the announcement dated 3 November 2006 in relation to the Proposed Bonus Issue, on behalf of the Board of Directors of Nextnation, Public Merchant Bank Berhad is pleased to announce that Bursa Malaysia Securities Berhad had, vide its letter dated 15 November 2006, approved in-principle the listing of and quotation for up to 138,600,000 Bonus Shares arising from the Proposed Bonus Issue.
This announcement is dated 17 November 2006.
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