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News

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

BackJan 27, 2014
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”)

• RENOUNCEABLE RIGHTS ISSUE OF 241,998,950 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 181,499,212 FREE DETACHABLE WARRANTS IN XDL (“WARRANTS 2014”) AND AN ATTACHED BONUS ISSUE OF 181,499,212 NEW XDL SHARES (“BONUS SHARES”) 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 IN XDL AT 5.00 P.M. ON 23 DECEMBER 2013 (“RIGHTS ISSUE”)

We refer to the announcements made on 30 September 2013, 3 October 2013, 8 November 2013, 14 November 2013, 15 November 2013, 9 December 2013, 23 December 2013 and 20 January 2014 (“Announcements”). 

(For consistency, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)

On behalf of the Board of Directors of XDL (“Board”), Mercury Securities Sdn Bhd wishes to announce that the Rights Issue has been completed following the listing and quotation of 241,998,950 Rights Shares, 181,499,212 Bonus Shares, 181,499,212 Warrants 2014 and 19,779,602 Additional Warrants 2012 on the Main Market of Bursa Malaysia Securities Berhad today.

 

This announcement is dated 27 January 2014.

 


Announcement Info

Company Name XIDELANG HOLDINGS LTD  
Stock Name XDL    
Date Announced 27 Jan 2014  
Category General Announcement
Reference No OS-140124-4919

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