XOX BHD Additional Listing Announcement /Subdivision of Shares
Details of corporate proposal Types of corporate proposal : Private Placement Private Placement No. of shares issued under this corporate proposal : 60,000,000
Peak holders still keep their hope with the free warrant price will gradually up but sadly warrant only come out after PP done which is estimated to be completed by next year. Its all in their announcement. Wonder right why PP investors willing to buy the shares above market value. They play with your emotion. Look at the past price tag Eddie Chai bought the shares in open market but see what happen next with the share price. Same goes to SIS. Exercised SIS at 0.20 but the share price already below it.
Will the market crash if budget 2021 cannot be passed this coming Thursday (26/10/2020)? These are the 4 possible scenarios:
1. Parliament will be dissolved and a snap election will be called 2. A state of Emergency in the whole country will be declared by YDPA 3. Muhyiddin will resign and YDPA will appoint an interim PM 4. YDPA will appoint a new PM who has majority MPs support. A new budget 2021 also will be tabled by the new appointed PM.
Will the market go down? Will it crash? Take profit now or wait?
Limit up is it? Kah kah kah. Wanna play penny equipe yourself with knowledge first. Thank AT Vivo and XOX for handsome gain. Will come back when penny on move again.
Waiting for Mr. Armanhashim to comment we are getting there. Kah kah kah. How many counters la that fella trapped. Everytime bought already at peak. Then ask others opinion. What a sad case.
Sometimes I don't understand. Why wanna spread news to trap people? Don't scare karma one meh? If kena trapped, just stay diam diam and wait for five years lo. Unless they are paid to do such thing lo.
NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting (“EGM”) of XOX Bhd (“XOX” or the “Company”) will be conducted on a fully virtual basis from the Broadcast Venue at Lot 8.1, 8th Floor, Menara Lien Hoe, No. 8 Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor on Thursday, 10 December 2020 at 11.00 a.m. or at any adjournment thereof for the purpose of considering and, if thought fit, passing the following resolution with or without modifications:- ORDINARY RESOLUTION PROPOSED BONUS ISSUE OF FREE WARRANTS IN XOX (“WARRANTS C”) ON THE BASIS OF 3 WARRANTS C FOR EVERY 8 EXISTING ORDINARY SHARES IN XOX (“XOX SHARES” OR “SHARES”) HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED BONUS ISSUE OF WARRANTS”) “THAT subject to the approval of all relevant authorities or parties having been obtained, where required, the Board of Directors of the Company (“Board”) be and is hereby authorised to issue and allot up to 1,566,850,510 free Warrants C in registered form and constituted by a deed poll to be executed by the Company constituting the Warrants C (“Deed Poll C”) by way of a bonus issue to all entitled shareholders of the Company whose names appear in the Record of Depositors of the Company as at the close of business on an entitlement date to be determined and announced later by the Board (“Entitlement Date”), on the basis of 3 free Warrants C for every 8 existing Shares held on the Entitlement Date; THAT the Board be and is hereby authorised to issue such appropriate number of additional Warrants C as may be required or permitted to be issued as consequences of any adjustments under the provisions in the Deed Poll C (“Additional Warrants C”); THAT the Board be and is hereby authorised to fix the exercise price of the Warrants C at a later date and that the Board be and is hereby authorised to issue and allot the new Shares arising from the exercise of the Warrants C by the holders of the Warrants C in accordance with the Deed Poll C, including such appropriate number of new XOX Shares arising from the exercise of subscription rights represented by the Additional Warrants C; THAT the new Shares to be issued arising from the exercise of the Warrants C shall, upon allotment, issuance and full payment of the exercise price, rank equally in all respects with the existing issued Shares, save and except that the holders of such new Shares shall not be entitled to any dividends, rights, allotments and/or other distributions which may be declared, made or paid to the Shareholders, the entitlement date of which is prior to the date of allotment and issuance of such new Shares; THAT the Board be and is hereby authorised to disregard and/or deal with any fractional entitlements for the Warrants C that may arise from the Proposed Bonus Issue of Warrants, if any, in such manner as the Board shall in its absolute discretion deems fit and expedient and in the best interests of the Company; THAT the proceeds arising from the exercise of the Warrants C, if any, be utilised for the purposes set out in the circular to the shareholders of the Company dated 25 November 2020 in relation to the Proposed Bonus Issue of Warrants, and the Board be authorised with full power to vary the manner and/or purpose of utilisation of such proceeds in such manner as the Board may deem fit, necessary and/or expedient, subject to the approval of the relevant authorities, where required; THAT the Board be and is hereby authorised to enter into and execute the Deed Poll C with full powers to assent to any conditions, variations, modifications and/or amendments in any manner as may be required or imposed by the relevant authorities or deemed necessary by the Board, and subject to all provisions and adjustments contained in the Deed Poll C, to assent to any modifications and/or amendments to the exercise price, exercise period and/or number of Warrants C as may be required or permitted to be revised as consequences of any adjustments under the provisions of the Deed Poll C with full power to implement and give effects to the terms and conditions of the Deed Poll C, and to take all steps as the Board deems fit or expedient in order to implement, finalise and give full effect to the Deed Poll C; AND THAT the Board be and is hereby authorised to sign and execute all documents, do all acts, deeds and things as may be required to give effect to and to complete the Proposed Bonus Issue of Warrants with full power to assent to any conditions, variations, modifications and/ or amendments in any manner as may be required or permitted by any relevant authorities and to deal with all matters relating thereto and to take all such steps and do all acts, deeds and things for and on behalf of the Company in any manner as they may deem fit or necessary or expedient to implement, finalise and give full effect to the Proposed Bonus Issue of Warrants.”
I also duno why u all like to target mock a few person here? Whats the motive? Want ppl to say you’re a smart trader? They wanna promote just let them be la.. buy sell is own call
Doesn't mean to purposely mock anyone. Just don't drag others if trapped at peak. Promote like shit limit up bla bla bla. At least be reasonable if wanna promote too. Support with fact or some analysis. Pity those naive noobies blindly buy these rotational play stocks by just read their stupid recommendation.
Couldn't agree more with haloo. And bear in mind that they will dissappear when price dropped. When increase 0.005, they will say limit up next day. And then dissappear again. Really disgrace
The noobie wants to be trapped high let them be la.. stock is like casino ma, sure got win and losers.. if everyone always win, where the money comes from? There’s no poi t for you to boast that you’ve made alot from AT, XOX, Vivacom.. be modest la.. the way u reply is no diff from those conmens.. trying to be kind also be a good one
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING Description XOX BHD ("XOX" OR THE "COMPANY")
PRIVATE PLACEMENT (For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 4 November 2020 in relation to the Private Placement, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcements in relation to the Private Placement dated 4 November 2020, 10 November 2020, 11 November 2020 and 13 November 2020.
On behalf of the Board, Mercury Securities wishes to announce that the Board has on 24 November 2020 (“Price-fixing Date”) fixed the issue price for the placement of 60,000,000 Placement Shares, being the second tranche of the Placement Shares, at RM0.1071 per Placement Share (“Issue Price”).
The Issue Price represents a discount of 10.0% to the 5-day VWAP of the Shares up to and including 23 November 2020 of RM0.1190, being the last market day immediately preceding the Price-fixing Date.
KUALA LUMPUR (July 29): Science, Technology and Innovation Minister Khairy Jamaluddin, who held a video conference with his Chinese counterpart Wang Zhigang today, said they discussed Malaysia’s interest in securing early access to a safe and effective Covid-19 vaccine.
In a tweet after the more than an hour video call, Khairy said the two ministers also spoke about cooperation in space technology, blockchain and Chinese foreign direct investment for Malaysia’s artificial intelligence park.
Speaking in the Dewan Rakyat yesterday, Khairy said the possibility of Malaysia gaining access to the Covid-19 vaccine from China is subject to the Ministry of Health finding it suitable, safe and effective to use.
haiya so long to wait.. today XOX volume only 9Mil share traded, must be all bought by Moneymore. Well Done. So sad to see at 0.11, no body is buying, 9Mil share? that is 1% of average daily volume of 900Mil.. what is going on here? all run away? haihh...
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halooo
464 posts
Posted by halooo > 2020-11-23 14:39 | Report Abuse
Wow limit up ia it kah kah kah