Xidelang

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Notice Of Rights Entitlement

BackDec 12, 2013

LISTING'S CIRCULAR NO. L/Q : 69481 OF 2013

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 5P.M. ON 23 DECEMBER 2013.


    Kindly be advised of the following :

    1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ]
    as from : [ 19 December 2013 ]

    2) The last date of lodgement : [ 23 December 2013 ]

    3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-

    a) Selling Broker to deduct [ 1/4 ] , of the Selling Price against the Selling Client.

    b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.

    c) Between Broker and Broker, the deduction of [ 1/4 ] of the Transacted Price is applicable.

 


Announcement Info

Company Name XIDELANG HOLDINGS LTD  
Stock Name XDL    
Date Announced 12 Dec 2013  
Category Listing Circular
Reference No RN-131212-58777