KUALA LUMPUR (March 28) : Trading of NEXTNATION COMMUNICATION BHD [] shares will be suspended from 2.30pm to 5pm on Wednesday.
The telecommunication software developer said in a statement to the exchange that it has requested for the suspension to accommodate an announcement. Nextnation shares were last transacted at 10.5 sen.
The company which is undertaking a private placement of 41.58 million new shares, had recently fixed the issue price at 11.5 sen each. This translates into total proceeds of RM4.78 million.
The telecommunication software developer said in a statement to the exchange that it has requested for the suspension to accommodate an announcement. Nextnation shares were last transacted at 10.5 sen.
The company which is undertaking a private placement of 41.58 million new shares, had recently fixed the issue price at 11.5 sen each. This translates into total proceeds of RM4.78 million.
