Xidelang

News

Additional Listing Announcement

BackJan 18, 2011
Date Announced
:
18/01/2011  

 

1. Details of Corporate Proposal
Whether the corporate proposal involves the issuance of new type
and new class of securities?
:
No
Types of corporate proposal
:
Private Placement
Details of corporate proposal
:
Private placement of up to 40,000,000 new ordinary shares of United States Dollar ("US$") 0.10 each in the Company ("Placement Shares") representing up to ten percent (10%) of the issued and paid-up share capital of XDL ("Private Placement")
No. of shares issued under this corporate proposal
:
20,000,000
Issue price per share ($$)
:
MYR 0.480
Par Value ($$)
:
USD 0.100
   Latest issued and paid up share capital after the above corporate proposal in the following
Units
:
420,000,000
Currency
:
USD 42,000,000.000
Listing Date
:
19/01/2011



Remarks :
The 20,000,000 Placement Shares were issued and alloted pursuant to the first tranche of the Private Placement, which was announced on 9 December 2010.