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News

New issue of securities (Chapter 6 of Listing Requirements): Combination of New Issue Of Securities

BackMar 15, 2012
Date Announced
:
15/03/2012  



Type
:
Announcement
Subject
:
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES

Description
:
XIDELANG HOLDINGS LTD ("XDL” OR THE “COMPANY”)

(I) PROPOSED BONUS ISSUE;
(II) PROPOSED RIGHTS ISSUE OF WARRANTS; AND
(III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Announcement Details/Table Section :

Reference is made to the announcement made by AmInvestment Bank Berhad on behalf of XDL on 13 March 2012 under the reference number MB-120313-61798 (“Announcement”).

For consistency, the abbreviations and definitions used throughout this announcement are the same as those previously defined in the Announcement.

Please be informed of the following amendment: -

The third (3rd) paragraph which reads as “The Exercise Price represents a premium of approximately RM0.0906 or 34.9% to the theoretical ex-rights price of RM0.2594 per XDL Share, calculated based on the five (5)-day volume-weighted average market price of XDL Shares up to 12 March 2012 (being the last trading day prior to the date of this announcement) of RM0.3891” should read as “The Exercise Price represents a premium of approximately RM0.0906 or 34.9% to the theoretical ex-bonus price of RM0.2594 per XDL Share, calculated based on the five (5)-day volume-weighted average market price of XDL Shares up to 12 March 2012 (being the last trading day prior to the date of this announcement) of RM0.3891”.

All other information remains unchanged.

This announcement is dated 15 March 2012.


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