Xidelang

News

Additional Listing Announcement

BackMar 01, 2012
Date Announced
:
01/03/2012  

 

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 43,999,990 new ordinary shares of United States Dollar (“US$”) 0.10 each in the Company (“Shares”) (“Placement Shares”), representing up to 10% of the total issued and paid-up share capital of XDL (inclusive of treasury Shares) ("Private Placement").
No. of shares issued under this corporate proposal
:
4,999,000
Issue price per share ($$)
:
MYR 0.400
Par Value ($$)
:
USD 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units
:
483,998,900
Currency
:
USD 48,399,890.000
Listing Date
:
02/03/2012



Remarks :
The 4,999,000 Placement Shares were issued and allotted pursuant to the second and final tranche of the Private Placement, which was announced on 18 January 2012.