XL Holdings Bhd, formerly Xian Leng Holdings Berhad, is a Malaysia-based company, which is engaged in investment holding and provision of management services. The Company owns approximately four fish farms and an ornamental fish trading center. Its fish farms in Parit Sulong and Kangkar Senangar, Batu Pahat are focused on the commercial captive breeding of Asian Arowana and Stingray. The fish farm located in Sungai Suluh, Batu Pahat focuses on breeding of other ornamental, fishes, such as Japanese Koi, Anabantids and Gold Fish. The fourth fish farm located in Kluang focuses on the breeding of other tropical fishes, such as Guorami, Pleco and Gold fishes. The ornamental fish trading center situated in Batu Pahat is engaged in the retailing of both local and imported aquarium fishes, as well as the related paraphernalia, such as aquarium tanks and accessories, fish feed and medication. Its subsidiaries include Xian Leng Trading Sdn. Bhd. and Xian Leng Aquatic Merchant Sdn. Bhd.

To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.