XOX
Rights Issue
XOX BHD |
Entitlement subject | Rights Issue |
Type | Renounceable |
Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,651,255,354 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN XOX BHD ("XOX" OR THE "COMPANY") ("ICPS") AT AN ISSUE PRICE OF RM0.025 PER ICPS TOGETHER WITH UP TO 662,813,838 FREE DETACHABLE WARRANTS IN XOX ("WARRANTS B") ON THE BASIS OF 4 ICPS TOGETHER WITH 1 FREE WARRANT B FOR EVERY 2 EXISTING ORDINARY SHARES IN XOX ("XOX SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF XOX ON 12 FEBRUARY 2020 ("RIGHTS ISSUE OF ICPS WITH WARRANTS") |
Ex-Date | 11 Feb 2020 |
Entitlement date | 12 Feb 2020 |
Entitlement time | 5:00 PM |
Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 12 Feb 2020 |
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
Number of new
shares/securities issued (units) (If applicable) |
|
Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.0250 |
Par Value (if applicable) | |
Entitlement indicator | Ratio |
Entitlement Details | |
Company Name | XOX BHD |
Entitlement | Preference Rights |
Ratio (New:Existing) | 4.0000 : 2.0000 |
Rights Crediting Date | 12 Feb 2020 |
Fractional Entitlement |
Registrar or Service Provider name, address, telephone no |
SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0362011120 Fax:0362013121 |
Remarks : |
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue of ICPS with Warrants (collectively, the "Documents") will only be despatched to the shareholders of XOX whose names appear in XOX's Record of Depositors as at 5.00 p.m. on 12 February 2020 ("Entitled Shareholders") and who have a registered address in Malaysia or who have provided the Share Registrar, ShareWorks Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 12 February 2020. The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, and are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue of ICPS with Warrants complies with the laws of any country or jurisdiction other than the laws of Malaysia. Entitled Shareholders who are without an address for the service of documents in Malaysia and wish to provide a Malaysian address, should inform their respective stockbrokers and the Share Registrar, ShareWorks Sdn Bhd, to effect the change of address by 5.00 p.m. on 12 February 2020. This announcement is dated 24 January 2020. |
Announcement Info
Company Name | XOX BHD |
Stock Name | XOX |
Date Announced | 24 Jan 2020 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-23012020-00005 |
Corporate Action ID | MY200123RHDI0001 |