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We refer to the announcements made on behalf of XDL by AmInvestment Bank Berhad (a member of AmInvestment Bank Group) (“AmInvestment Bank”) on 9 December 2010 and 10 December 2010. For consistency, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the earlier announcements.
On behalf of XDL, AmInvestment Bank wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, via its letter dated 27 December 2010 approved the listing and quotation of up to 40,000,000 XDL Shares to be issued pursuant to the Proposed Private Placement, subject to the following conditions:-
(i) XDL and AmInvestment Bank must fully comply with the relevant provisions under the Main Market Listing Requirements pertaining to the implementation of the Proposed Private Placement;
(ii) XDL and AmInvestment Bank are to inform Bursa Securities upon completion of the Proposed Private Placement; and
(iii) XDL is to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed.
This announcement is dated 28 December 2010. |
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