【NETX 0020 交流专区】（前名AGLOBAL）

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Type	Announcement
Subject	OTHERS
Description	NETX HOLDINGS BERHAD - ACQUISITION OF 49% EQUITY STAKE IN MOUNTAIN MONEY SDN. BHD.
The Board of Directors of NetX Holdings Berhad (“NetX” or “the Company”) wishes to announce that E-FX Sdn. Bhd. (“EFX”), a wholly-owned subsidiary of the Company, had on 28 October 2021 acquired 416,500 ordinary shares in Mountain Money Sdn. Bhd. (“MMSB”), representing 49% equity interest in MMSB, for a total consideration of RM171,500.00 only (“Acquisition”). MMSB was incorporated in Malaysia as a private limited company. MMSB is a licensed money changer registered under Bank Negara Malaysia. Based on the latest audited financial statements of MMSB as at 31 December 2020, MMSB was recorded a loss after taxation of RM113,377 and net assets of RM748,470. The directors and shareholders of MMSB prior to the completion of the Acquisition are as follows: Directors and/or Shareholders No. of shares % of issued share capital Chong Yuen Fook 510,000 60 Chong Mun Hoe 340,000 40 Khor Loong Chay - - Total 850,000 100 The Acquisition is in line with NetX’s business objective of venturing into financial technology industry. EFX will launch a digital platform which offers the travellers the most convenient to buy foreign currencies. Typically, travellers need to rush to a money changer during its operating hours or queue for half an hour to get the best exchange deals. With EFX that operates 24x7, they can buy foreign currencies at best rate using secured online payments anytime and then can choose to collect it at selected physical outlets and kiosk machines or opt for delivery to their doorstep. The Acquisition is intended to accomplish EFX or NetX in venturing into the currencies trading business. The purchase consideration of RM171,500.00 was arrived at on a willing-buyer willing-seller basis after taking into the consideration of the following: (a) The inherent value of MMSB’s money changer license approved by Bank Negara Malaysia. (b) The potential earnings which could be derived from MMSB’s money changer business. The Acquisition was funded entirely from the proceed of private placement exercises of the Company and corporate exercise relating to the Share Issuance to Macquarie Bank Limited which completed on 19 January 2018. The Acquisition is not expected to pose any additional risks to the NetX Group other than operational risks associated to the business of MMSB. There are no liabilities to be assumed by NetX arising from the Acquisition. The Acquisition will not have any effect on the share capital and substantial shareholders' shareholdings of the Company as it will be fully satisfied in cash. In addition, the Acquisition is not expected to have a material effect on the earnings per share, net assets and gearing of the Group for the financial year ending 30 November 2021. The Acquisition is not subject to approval of the shareholders of the Company or other relevant authorities. The highest percentage ratio applicable to the Acquisition  pursuant to Rule 10.02(g) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad is 0.50%. None of the directors and/or major shareholders of the Company and/or persons connected with them have any interest, direct or indirect, in the Acquisition. The Directors of NetX, after taking into consideration of all financial and other factors, is of the opinion that the Acquisition is in the best interest of the Company. This announcement is dated 28 October 2021.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Aug 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Aug 2021	31 Aug 2020	31 Aug 2021	31 Aug 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	27,787	4,666	45,767	11,479
2	Profit/(loss) before tax	-1,787	-1,323	-12,782	-2,214
3	Profit/(loss) for the period	-1,789	-1,324	-12,786	-2,217
4	Profit/(loss) attributable to ordinary equity holders of the parent	-1,767	-1,303	-11,964	-2,028
5	Basic earnings/(loss) per share (Subunit)	-0.21	-0.03	-1.43	-0.05
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.1800		0.2000

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NETX HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name	FINTEC GLOBAL LIMITED
Address	6/F, CNT Commercial Building No. 302, Queen's Road Central Hong Kong.
Company No.	1946247
Nationality/Country of incorporation	Virgin Islands, British
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	29 Nov 2021	17,400,000	Acquired	Direct Interest
	Name of registered holder	Fintec Global Limited
	Address of registered holder	6/F, CNT Commercial Building, No. 302, Queen's Road Central, Hong Kong
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition of shares from open market
Nature of interest	Direct Interest
Direct (units)	118,241,000
Direct (%)	14.14
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	118,241,000
Date of notice	30 Nov 2021
Date notice received by Listed Issuer	01 Dec 2021

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Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY")PROPOSED PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE
On behalf of the Board of Directors of NetX, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake a private placement of up to 167,193,400 new ordinary shares in NetX (“NetX Shares”), representing up to approximately 20% of the existing total number of issued NetX Shares, to independent third party investor(s) to be identified later at an issue price to be determined and announced at a later date (“Proposed Private Placement”). Please refer to the attachment for further details on the Proposed Private Placement. This announcement is dated 2 December 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3215812

Attachments NetX - Proposed Private Placement (2.12.2021).pdf

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY")PROPOSED PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE
(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 2 December 2021 in relation to the Proposed Private Placement (“First Announcement”), where applicable, unless stated otherwise or defined herein.) Reference is made to the First Announcement dated 2 December 2021 in relation to the Proposed Private Placement. On behalf of the Board, Mercury Securities wishes to announce additional information in relation to the Proposed Private Placement as set out in the attachment below. This announcement is dated 13 December 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3218089

Attachments NetX - Additional info (13.12.2021).pdf

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NETX HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name	FINTEC GLOBAL LIMITED
Address	6/F, CNT Commercial Building No. 302, Queen's Road Central Hong Kong.
Company No.	1946247
Nationality/Country of incorporation	Virgin Islands, British
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	02 Dec 2021	21,644,600	Acquired	Direct Interest
	Name of registered holder	Fintec Global Limited
	Address of registered holder	6/F, CNT Commercial Building, No. 302, Queen's Road Central, Hong Kong
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition of shares from open market
Nature of interest	Direct Interest
Direct (units)	153,429,100
Direct (%)	18.35
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	153,429,100
Date of notice	06 Dec 2021
Date notice received by Listed Issuer	06 Dec 2021

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NETX HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name	FINTEC GLOBAL LIMITED
Address	6/F, CNT Commercial Building No. 302, Queen's Road Central Hong Kong.
Company No.	1946247
Nationality/Country of incorporation	Virgin Islands, British
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	06 Dec 2021	21,060,900	Acquired	Direct Interest
	Name of registered holder	Fintec Global Limited
	Address of registered holder	6/F, CNT Commercial Building, No. 302, Queen's Road Central, Hong Kong
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition of shares from open market
Nature of interest	Direct Interest
Direct (units)	174,490,000
Direct (%)	20.87
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	174,490,000
Date of notice	07 Dec 2021
Date notice received by Listed Issuer	07 Dec 2021

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Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	NETX HOLDINGS BERHAD - ACQUISITION OF SHARES IN MLABS SYSTEMS BERHAD
Further to the Company’s announcement made on 17 September 2021, the Board of Directors of NETX Holdings Berhad (“NETX” or “the Company”) wishes to announce that First United Technology Ltd (“FUTL”), a subsidiary of the Company, had from the period between 17 September 2021 to 6 December 2021 acquired from the open market an additional 144,899,700 ordinary shares of MLABS Systems Berhad (“MLABS”), representing approximately 9.99% of the total issued share capital of MLABS, for a total purchase consideration of RM5,846,337 (“Investment”). Please refer to the attachment for details of announcement. This announcement is dated 7 December 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3216747

Attachments NetX - Acquisition of Shares in Mlabs .pdf

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Expiry/Maturity of the securities

NETX HOLDINGS BERHAD

Instrument Category	Securities of PLC
Instrument Type	Warrants
Type Of Expiry	Expiry/Maturity of the securities
Mode of Satisfaction of Exercise/Conversion price	Cash
Exercise/ Strike/ Conversion Price	Malaysian Ringgit (MYR) 0.1300
Exercise/ Conversion Ratio	1:1
Settlement Type / Convertible into	Physical (Shares)
Last Date & Time of Trading	10 Oct 2023 05:00 PM
Date & Time of Suspension	11 Oct 2023 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c	19 Oct 2023 04:30 PM
Date & Time of Expiry	26 Oct 2023 05:00 PM
Date & Time for Delisting	27 Oct 2023 09:00 AM

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3387273

Attachments NetX - Notice Expiry of Warrants C.pdf

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Type	Announcement
Subject	OTHERS
Description	NETX HOLDINGS BERHAD - JOINT VENTURE AGREEMENT WITH SAUDI COLD STORAGE SDN. BHD.
The Board of Directors of NetX Holdings Berhad (“NetX” or “the Company”) wishes to announce that the Company had on 3 October 2023 entered into a Joint Venture Agreement (“JVA”) with Saudi Cold Storage Sdn. Bhd. (“SCS”) for the purpose of setting up and operate the Saudi fast-food outlet under the brand name of SAUDI BURGER (“Proposed JV”). SCS is a private limited company incorporated in Malaysia which is principally engaged in the business of wholesaler and dealer of fresh and frozen foods, transportation logistics services, restaurant operator and franchise. SCS is a wholly-owned subsidiary of Saudee Group Berhad (“Saudee”), a public company listed on Main Market of Bursa Malaysia Securities Berhad. Pursuant to the JVA, NetX and SCS intend to venture into a mutual business in order to operate SAUDI BURGER flagship store as well as future expansion plan including franchising outlet (“Project”) by incorporating a joint venture company or acquiring shares in an existing dormant company which is free from any encumbrances and any liability, at the shareholding structure of 51% and 49% respectively (“JV Company”). The salient terms of the JVA are as follows: i) Within 60 days from the date of the JVA (“Effective Date”), the NetX and SCS shall exercise the purchase of the shares in the JV Company. ii) NetX and SCS shall cause the required number of shares in accordance with the following ratio or proportion of shareholding: (a) NetX shall directly or through one or more of its affiliates or nominees, contribute to the amount of RM510,000.00 representing 51% of the issued and paid-up equity share capital of the JV Company; and (b) SCS shall directly or through one or more of its nominees contribute amount of RM490,000.00 representing 49% of the issued and paid-up equity share capital of the JV Company. iii) The JVA shall come into effect on the Effective Date and shall remain valid and subsisting in consistent with the Project, until and unless both parties mutually agreed to discontinue with the same. Either party may terminate the JVA upon mutual written agreement of the parties. The Proposed JV marks a significant step forward for NetX’s to drive innovation and consumer change adoption that will bring greater value to NetX’s shareholders. Saudee’s experience with close to 4 decades as a halal certified food product is the perfect partner to venture into the continuous growing fast food consumer market in Malaysia. The Proposed JV will pioneer the master franchise of an exciting new fast-food chain in the heart of Kuala Lumpur. The first flagship outlet will be located in the iconic main entrance of Sungei Wang Plaza in the heart of Bukit Bintang. This vibrant district is known for its bustling shopping, entertainment, and dining scene, making it the perfect location to introduce the Group’s exciting new offering. In 2022, according to Statista, the retail value of fast food or limited-service restaurants in Malaysia amounted to around RM12.5 billion, an increase from RM10.3 billion in the previous year. The sales value of fast-food restaurants in Malaysia is expected to reach RM20.4 billion by 2026. This dynamic growth underscores the immense potential of the fast-food industry in the country, and SAUDI BURGER, as the master franchise holder, is poised to capitalise on this growth. (Source: https://www.statista.com/) The Proposed JV is not expected to pose any additional risks to the NetX Group other than operational risks associated to the business of JV Company. The Proposed JV will not have any effect on the share capital and substantial shareholders’ shareholdings of NetX. The Proposed JV is also not expected to have any material immediate effect on the earnings per share, net assets per share and gearing of the Group for the financial year ending 30 November 2023. The Proposed JV is not subject to approval of the shareholders of the Company or other relevant authorities. Save as disclosed below, none of the directors, major shareholders and/or chief executive of the Company and/or persons connected with them have any interest, whether direct or indirect, in the Proposed JV: i) Mr. Chen Chee Peng is an Independent Non-Executive Director of NetX and Saudee. The Board of NetX, having considered all aspects of the Proposed JV, is of the opinion that the Proposed JV is in the best interest of the Company. The JVA is available for inspection at the registered office of the Company at 22-09, Menara 1MK, No. 1 Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur between 8.30 a.m. and 5.30 p.m. from Monday to Friday (except public holidays) for a period of three (3) months from the date of this announcement. This announcement is dated 3 October 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3389843

Attachments NetX - PR Statement.pdf

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NETX HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name	MORGAN STANLEY
Address	1585 Broadway, New York, NY 10036 United States.
Company No.	NIL
Nationality/Country of incorporation	United States
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	02 Apr 2024	11,000,000	Acquired	Direct Interest
	Name of registered holder	MORGAN STANLEY & CO. INTERNATIONAL PLC
	Address of registered holder	Legal & Compliance Department, 25 Cabot Square, Canary Wharf, London E14 4QA, United Kingdom
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Increase of 11,000,000 in shares held in respect of which Morgan Stanley may exercise its right to rehypothecate or dispose of on 2 April 2024.
Nature of interest	Direct Interest
Direct (units)	62,606,475
Direct (%)	6.675
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	62,606,475
Date of notice	04 Apr 2024
Date notice received by Listed Issuer	05 Apr 2024