XL
Bonus Issue
| XL HOLDINGS BERHAD |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus issue of up to 217,993,860 warrants in XL Holdings Berhad ("XLHB") ("Warrants") on the basis of 1 warrant for every 2 existing shares held by the entitled shareholders whose names appear in the Record of Depositors of the Company as at 5.00 p.m. on 15 October 2024 ("Entitlement Date") ("Entitled Shareholders") ("Bonus Issue of Warrants") |
| Shareholder's Approval | No |
| Ex-Date | 14 Oct 2024 |
| Entitlement date | 15 Oct 2024 |
| Entitlement time | 5:00 PM |
| Financial Year End | 30 Apr 2024 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Securities Crediting Date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 15 Oct 2024 |
| 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) |
|
| Entitlement indicator | Ratio |
| Par Value (if applicable) | |
| Securities Entitlement | |
| Company Name |
XL HOLDINGS BERHAD |
| Entitlement |
Warrants |
| Ratio (New : Existing) | 1.0000 : 2.0000 |
| Available/Listing Date | 24 Oct 2024 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0320849000 Fax:0320949940 |
| Remarks : |
(Unless otherwise stated, the defined terms used in this announcement shall carry the same meaning as those defined in the circular to shareholders of XLHB dated 20 August 2024 in relation to the Proposals). The Warrants will be listed and quoted on the Main Market of Bursa Securities Berhad (Bursa Securities) within 2 market days after the receipt of the application for quotation of the Warrants by Bursa Securities. The Warrants will be credited into the Entitled Shareholders central depository system accounts and notices of allotment will be issued and dispatched to the Entitled Shareholders at the address as per the Record of Depositors of XLHB within 4 market days after the date of listing and quotation for the Warrants. Entitled Shareholders are not required to take any action. This announcement is dated 1 October 2024. |
Announcement Info
| Company Name | XL HOLDINGS BERHAD |
| Stock Name | XL |
| Date Announced | 01 Oct 2024 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-01102024-00006 |
| Corporate Action ID | MY241001BONU0001 |