| Title / Description | RENOUNCEABLE RIGHTS ISSUE OF UP TO 322,665,266 NEW ORDINARY SHARES OF USD0.10 EACH IN XDL (“XDL SHARES”) (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM0.35 PER RIGHTS SHARE, TOGETHER WITH UP TO 241,998,950 FREE DETACHABLE WARRANTS IN XDL (“WARRANTS 2014”) AND AN ATTACHED BONUS ISSUE OF UP TO 241,998,950 NEW XDL SHARES (“BONUS SHARES”) TO BE CREDITED AS FULLY PAID-UP AT PAR, ON THE BASIS OF FOUR (4) RIGHTS SHARES TOGETHER WITH THREE (3) FREE WARRANTS 2014 AND THREE (3) BONUS SHARES FOR EVERY TWELVE (12) EXISTING XDL SHARES HELD AT 5 P.M. ON 23 DECEMBER 2013 | ||
| Despatch Date | 26/12/2013 | ||
| Date for commencement of trading of the rights | 24/12/2013 | ||
| Date for despatch of abridged prospectus and subscription forms | 26/12/2013 | ||
| Date for cessation of trading of the rights | 02/01/2014 | ||
| Date for announcement of final subscription result and basis of allotment of excess Rights Securities | 20/01/2014 | ||
| Listing date of the Rights Securities | 27/01/2014 | ||
| Last date and time for | Date | Time | |
| Sale of provisional allotment of rights | 31/12/2013 |
at
|
05:00:00 PM |
| Transfer of provisional allotment of rights | 06/01/2014 |
at
|
04:00:00 PM |
| Acceptance and payment | 09/01/2014 |
at
|
05:00:00 PM |
| Excess share application and payment | 09/01/2014 |
at
|
05:00:00 PM |
| Rights Securities will be listed and quoted as the existing securities of the same class: | |||
| Yes | |||
| Other important dates as the listed issuer may deem appropriate: | |||
| Warrant 2012 holders whom may wish to exercise their Warrants in order to be entitled for the Rights Issue must ensure that the completed Subscription Form together with the Subscription Moneys and all requisite payment as set out in the deed poll dated 15 March 2012, must be received by the Registrar’s office latest by 5.00 p.m. on Tuesday, 10 December 2013. |
| Remarks : |
| The last date and time for acceptance, excess application and payment may be extended as XDL’s Board of Directors and Principal Adviser may decide and announce not less than 2 market days before the stipulated day and time. The Abridged Prospectus together with the notice of provisional allotment and rights subscription form in relation to the Rights Issue (collectively the “Documents”) will be despatched to the Entitled Shareholders at their Malaysian address as stated in XDL’s Record of Depositors at 5.00p.m. on 23 December 2013. The Documents have not been (and will not be) made to comply with the laws of any foreign jurisdiction and have not been (and will not be) lodged, registered or approved pursuant to or under any legislation (or with or by any regulatory authorities or other relevant bodies) of any jurisdiction other than Malaysia. The Documents are not intended to be (and will not be) issued, circulated or distributed in any country or jurisdiction other than Malaysia and no action has been or will be taken to ensure that the Rights Issue complies with the laws of any countries or jurisdictions other than the laws of Malaysia. The Rights Issue to which the Documents relate to is only available to the Entitled Shareholders receiving the Documents electronically or otherwise within Malaysia. The Documents will not be despatched to the Entitled Shareholders who have not provided an address in Malaysia. Any shareholder who wishes to change/provide a Malaysian address, should inform his/her stockbroker or XDL’s Malaysian Share Registrar, Tricor Investor Services Sdn Bhd to effect the change of address by 5.00 p.m. on 23 December 2013. This announcement is dated 9 December 2013 |
| Company Name | XIDELANG HOLDINGS LTD |
| Stock Name | XDL |
| Date Announced | 9 Dec 2013 |
| Category | Important Relevant Dates for Renounceable Rights |
| Reference No | OS-131206-57822 |