Reference is made to the earlier announcements dated 9 October 2020, 19 October 2020, 22 October 2020 and 23 October 2020 in relation to the Company’s proposed bonus issue of warrants exercise. A notice to convene an extraordinary general meeting (“EGM”) for the purpose of seeking Shareholders’ approval was issued to Shareholders on 22 October 2020 and a circular was issued to its Shareholders on 23 October 2020.
Subsequent to the above, the Company had on 4 November 2020 announced a proposal to undertake a private placement exercise and had on 6 November 2020 announced the details of the revised proposed bonus issue of warrants exercise to facilitate the proposed private placement.
Accordingly, the Company wishes to inform that the forthcoming EGM scheduled to be held on Monday, 9 November 2020 will be aborted. The shareholders are advised to make reference to the Company’s announcement dated 6 November 2020 in relation to the revised proposed bonus issue of warrants.
OTHERS XOX BHD (XOX OR THE COMPANY) PROPOSED BONUS ISSUE OF WARRANTS - ABORTION OF EXTRAORDINARY GENERAL MEETING XOX BHD
Type Announcement Subject OTHERS Description XOX BHD (XOX OR THE COMPANY)
PROPOSED BONUS ISSUE OF WARRANTS - ABORTION OF EXTRAORDINARY GENERAL MEETING Reference is made to the earlier announcements dated 9 October 2020, 19 October 2020, 22 October 2020 and 23 October 2020 in relation to the Company’s proposed bonus issue of warrants exercise. A notice to convene an extraordinary general meeting (“EGM”) for the purpose of seeking Shareholders’ approval was issued to Shareholders on 22 October 2020 and a circular was issued to its Shareholders on 23 October 2020.
Subsequent to the above, the Company had on 4 November 2020 announced a proposal to undertake a private placement exercise and had on 6 November 2020 announced the details of the revised proposed bonus issue of warrants exercise to facilitate the proposed private placement.
Accordingly, the Company wishes to inform that the forthcoming EGM scheduled to be held on Monday, 9 November 2020 will be aborted. The shareholders are advised to make reference to the Company’s announcement dated 6 November 2020 in relation to the revised proposed bonus issue of warrants.
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES XOX BHD ("XOX" OR THE "COMPANY") PROPOSED BONUS ISSUE OF WARRANTS XOX BHD
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES Description XOX BHD ("XOX" OR THE "COMPANY")
PROPOSED BONUS ISSUE OF WARRANTS Reference is made to the announcement dated 9 October 2020 in relation to the proposed bonus issue of up to 1,336,281,385 free warrants in the Company (“Warrants C”) on the basis of 3 Warrants C for every 8 existing ordinary shares in the Company (“XOX Shares” or “Shares”) held by the entitled shareholders of the Company (“Shareholders”) on an entitlement date to be determined and announced later (“Entitled Shareholders”) ("Entitlement Date") ("Previous Proposed Bonus Issue of Warrants").
On 19 October 2020, Bursa Malaysia Securities Berhad (“Bursa Securities”) had approved the following in relation to the Previous Proposed Bonus Issue of Warrants (“Previous Approval”):-
(i) admission to the official list of the ACE Market of Bursa Securities and listing and quotation of up to 1,336,281,385 Warrants C; and
(ii) listing and quotation of up to 1,336,281,385 new Shares to be issued arising from exercise of the Warrants C.
Subsequent to the above, on behalf of the Board of Directors of the Company ("Board"), Mercury Securities Sdn Bhd (“Mercury Securities”) had on 4 November 2020 announced that the Company proposes to undertake a private placement of up to 614,851,000 new Shares, representing 20% of the total number of issued Shares (excluding treasury shares, if any) to independent third-party investor(s) to be identified later (“Placees”) at an issue price to be determined later (“Placement Shares”) (“Proposed Private Placement”).
To facilitate the Proposed Private Placement, on behalf of the Board, Mercury Securities wishes to announce that the Company proposes to undertake a bonus issue of up to 1,566,850,510 free Warrants C on the basis of 3 Warrants C for every 8 Shares held by the Entitled Shareholders on an Entitlement Date to be determined and announced later ("Proposed Bonus Issue of Warrants"). In addition to the Previous Approval, the application for the additional 230,569,125 free Warrants C to be quoted and listed on Bursa Securities to cater for the entitlement by the Placees for such number of Placement Shares to be issued arising from the Proposed Private Placement will be made to Bursa Securities.
Please refer to the attachment for further details on the Proposed Bonus Issue of Warrants.
Well they follow Ant. Ant postpone XOX also postpone warrant C. Give more time to con newbies. Pity those stuck on top before. Rest well okay. Heard many retailers got con above 0.30. Kah Kah Kah
Worse those collect at low price but greedy refuse to book profit when price spike before. Now keep hope the next spike. In stock market you play too much with hope you die. Sometime okay la. Cycle of retailers. When lose hope with money, they will talk bad about stock market manipulate bla bla bla. Open your eyes, this is not a playground.
How to attract so called investor for PP. Well push down the price kaw kaw, then PP price annouce. Let heartbroken retailers those chase high before sell their holding then suddenly puff the play another round. Price spike and more newbies and some stubborn retailers stuck before join on top. Just nobody know the exact period when they wanna do it.
Everybody now gossip about Ant group. Let me throw back a question: Ant group listing suspended, do you think Jack Ma will just sit there do nothing. Or he will do something By the way, Xox nothing do with Ant group. Hahaha
make sense lah to reward those subscribe to the PP also, this is not suspended but be kind to the PP so everyone will get rewarded for the FREE WC at 3 WC for every 8 share. Ok lah tuh.
Hope? depend why you buy in. If you bought because of ANT IPO, hope the ANT IPO decision can be reversed , since it is all because of ANT IPO. If you buy in because of XOX direction and its aggressive approaches toward fintech and 5G opportunity , maybe have to wait. As long as XOX not burst or shut down, there are hope.
Btw guys monday xox might drop to 0.100-0.105 so rmb to set ur cut loss point for those who wan to enter and take small profit ( not encourage as might take long time n more risk) u can try to queue 0.100 but rmb once 0.1break thn run 0.1 is the last support
For those still think warrant c will jack up the price. You wait till next year, you lose huge opportunity to gain from other potential counters.
10. ESTIMATED TIMEFRAME FOR COMPLETION Subject to all relevant approvals being obtained, the Proposed Bonus Issue of Warrants is expected to be completed by first half of 2021.
parking 1% in here will not have must effect to over all portfolio. we profit much more from total portfolio return yearly. No penny stock will be boring .
Budget 2021 provides tax incentives to encourage manufacturing businesses to relocate to Malaysia, including a concessionary tax rate of 0-10% for 10 years to selected businesses in the service sector that has a significant multiplier effect to the Malaysian economy.
Sectors related to Industrial Revolution 4.0 and digitalisation and manufacturing remain as the core of the overall business ecosystem, hence, it was timely for the government to introduce a game-changing incentive package, he added.
Chief executive officer Surina Shukri said this would further boost MDEC-focused areas such as catalysing Industrial Revolution 4.0 (IR 4.0), digital creative content (DCC) and drone technology as well as instilling confidence to attract continued investments in its bid to strengthen Malaysia’s position as the Digital Pulse of ASEAN.
“MDEC will support business digitalisation efforts including supporting automation and modernisation activities under Budget 2021 such as Small and Medium Enterprise (SME) Digitalisation Grant Scheme and Automation Grants, SME digitisation initiatives, Shop Malaysia Online and agricultural sector empowerment such as the e-Satellite Farm programme,”
好的公司有前景的公司就会在30大股东会看到很多Profesional Investment Fund manager 红毛队国家队入股的!
BUDGET 2021 受益于真正好好经营公司的老板,好公司年年赚钱有dividend 分,公司赚钱充满现金也不需要发行股票集资,公司都有钱一直发展公司越做就越大一直在成长就是以下公司 : Sectors related to Industrial Revolution 4.0 and digitalisation and manufacturing收益以下公司 : Tech growth company like ( inari unisem gtronic dufu ataims vs uwc jhm revenue ghlsys myeg microlin penta vitrox genetec mi greatec istone ) because they boss are businessman doing well business is profitable company
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
halooo
464 posts
Posted by halooo > 2020-11-06 17:39 | Report Abuse
Last minute game yaya. No change