NetX Plans 470m Warrants D on a 1-for-2 Basis, Targeting RM38m in Proceeds
NetX Plans 470m Warrants D on a 1-for-2 Basis, Targeting RM38m in Proceeds
The intended utilisation of any future proceeds from exercising the Warrants D is earmarked for financing the group's forthcoming working capital needs.NetX Holdings Bhd (NetX) has proposed a bonus issue of up to 468.9 million Warrants D to existing shareholders on a 1-for-2 basis.
NetX Holdings Bhd（NetX）提议以1比2的比例向现有股东发行高达4.689亿份D类认股权证。
The Warrants D will be issued at no cost, and the exercise price will be determined later.
认股权证D将免费发行，行使价将在稍后确定。
Based on the illustrative exercise price of 8 sen per Warrant D, this represents a discount of approximately 25.70% to its theoretical ex-all price shares of 10.77 sen. For illustrative purposes, utilising an exercise price of 8 sen per Warrant D, the company anticipates generating gross proceeds of up to RM37.52 million.
根据每份认股权证D的8仙的说明性行使价，这相当于其理论除去所有价股票10.77仙的折扣约25.70％。为说明起见，以每份认股权证D的行使价为8仙计，该公司预计将产生高达3,752万令吉的总收益。
The intended utilisation of any future proceeds from exercising the Warrants D is earmarked for financing the group's forthcoming working capital needs.
行使认股权证D所得任何未来收益的预期用途专门用于为集团即将到来的营运资金需求提供资金。
The issuance is subject to approvals and is expected to be completed by the second quarter of 2024.
此次发行尚待批准，预计将于2024年第二季度完成。
