| Instrument Category | Securities of PLC |
| Instrument Type | Warrants |
| Description |
Bonus issue of up to 501,139,441 warrants ("Warrant(s)") in XiDeLang Holdings Ltd ("XDL" or the "Company") on the basis of one (1) Warrant for every three (3) existing ordinary shares of USD0.03 each in XDL held at 5.00 p.m. on 1 July 2015 ("Entitlement Date")
|
| Listing Date | 09 Jul 2015 |
| Issue Date | 03 Jul 2015 |
| Issue/ Ask Price | Not Applicable |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 440,639,689 |
| Maturity | Mandatory |
| Maturity Date | 02 Jul 2018 |
| Revised Maturity Date | |
| Name of Guarantor | |
| Name of Trustee | |
| Coupon/Profit/Interest/Payment Rate | |
| Coupon/Profit/Interest/Payment Frequency | |
| Redemption | |
| Exercise/Conversion Period | 3.00 Year(s) |
| Revised Exercise/Conversion Period | |
| Exercise/Strike/Conversion Price | Malaysian Ringgit (MYR) 0.1150 |
| Revised Exercise/Strike/Conversion Price | |
| Exercise/Conversion Ratio | 1 : 1 |
| Revised Exercise/Conversion Ratio | |
| Mode of satisfaction of Exercise/ Conversion price | Cash |
| Settlement Type/ Convertible into | Physical (Shares) |
| Remarks : |
The Warrants may be exercised at any time within a period of three (3) years commencing from and including the date of issue of the Warrants to the close of business at 5.00 p.m. (Malaysian time) on the market day (means any day between Monday to Friday (both days included) on which Bursa Securities is open for the trading of securities) immediately preceding the third (3rd) anniversary of the date of issue of the Warrants ("Exercise Period").
Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid.
Each Warrant shall entitle the holder of the Warrants to subscribe for one (1) new Share at any time during the Exercise Period at the exercise price of RM0.115 per Warrant or the RM equivalent of the par value of the Shares, whichever is higher, or such price as adjusted, subject to the provisions and adjustments in accordance with provisions of the Deed Poll dated 17 June 2015.
This announcement is dated 8 July 2015.
|
| Company Name | XIDELANG HOLDINGS LTD |
| Stock Name | XDL |
| Date Announced | 08 Jul 2015 |
| Category | Listing Information and Profile |
| Reference Number | LIP-02072015-00013 |