Posted by Good123 > 2020-12-02 16:02 | Report Abuse

Products Specialty

We are the inventor of BURNPROOF concept which made us the only telco company in Malaysia that emphasize on leveraging your data, minutes, and SMS to the optimum level. You can carry forward unutilized data, minutes, and SMS for months to come! We have also made it easier for the consumers nationwide where everything can be done online. We are transforming traditional business approach by leveraging on online approach in recent years. These unique key strengths stand out from other operators that compete in the same business nature.

Posted by Good123 > 2020-12-02 16:02 | Report Abuse

Broad Coverage Area

We make travel easy! Enjoy connecting all-across Malaysia with our wide coverage area. We got you covered anywhere you go! We know connection is very important to you. So do us!

Posted by Good123 > 2020-12-02 16:02 | Report Abuse

Continuous Cycle of Innovative Solutions

We have proven ourselves in the industry by becoming one of the competitive players balancing consumer needs with the latest advance of technology such as innovative solution, XOX eSIM whereby consumers are able to do end-to-end online process without having the need to go to physical store. A promising approach to create a tech savvy society. We have set apart from other companies which we focus on a wholesome user experience. You may experience a true digital lifestyle when you are with us.

Posted by Good123 > 2020-12-02 16:02 | Report Abuse

Award Winning Tech Company

XOX has garnered recognitions throughout the years such as MVNO of the Year category in the PC.com Best Product Award 2019; Best MVNO in the Star Rating Award 2018 organized by Malaysian Communications and Multimedia Commission (MCMC); The Best Telco of the Year – Best Data Package for Business Plan and Company of the Year by Mobile Business Excellence Award (MBEA) 2018; Malaysia 100 Top Brand in 2012, 2014 and 2015; Best Innovation in MVNO, BrandLaureate Award 2015; and Master Class Awards: Emerging Telco of the Year in BrandLaureate Award 2013.

Posted by Good123 > 2020-12-02 16:06 | Report Abuse

XOX chief executive officer Ng Kok Hen declined to name the company but said it was among the top three mobile groups in China.
KUALA LUMPUR: XOX Bhd top executive confirms that the company has been approached by one of China's top telecommunications (telco) groups to build the fifth-generation (5G) wireless mobile network in Malaysia with an investment of up to RM10 billion.

XOX chief executive officer Ng Kok Hen declined to name the company but said it was among the top three mobile groups in China.

Posted by Good123 > 2020-12-02 16:07 | Report Abuse

We are waiting for the proposal and will make the appropriate announcement soon. The 5G is a direction we are moving into to diversify our revenue stream. If the deal goes through, the investment will be spread out over five to six years and the Chinese group will develop the infrastructure," he told the New Straits Times (NST).

The NST reported yesterday that a large telecom provider from China was believed to be working on a plan with XOX to build the 5G network in Malaysia, with an investment of up to RM10 billion.

Posted by Good123 > 2020-12-02 16:09 | Report Abuse

use macpie to distribute vaksinkah ? :)
During the period in review, XOX (HK) Ltd raised its stake in Macpie Bhd by 13.94 million shares and now owns 13.11% of the company.

XOX (HK) is a subsidiary of XOX Bhd, which is listed on the ACE Market. It first emerged as a shareholder in Macpie after acquiring a 5.66% stake or 20 million shares in the group on Oct 2.

Macpie is involved in retail and distribution management, as well as event management.

Posted by fifimao > 2020-12-02 16:13 | Report Abuse

This one suffering from Erectile Dysfunction

Posted by Good123 > 2020-12-02 16:16 | Report Abuse

berita terbaik xox tahun ini

XOX to provide RM1bil micro-financing to individuals, small ...

16 Jul 2020 — XOX is committed to promoting digitisation among subscribers to enhance auto top-up, Fintech, ...



Who Are We - XOX

... Cloud Solutions, Partnership, Fintech, Insurance, Marketplace, e-Wallet, Remote Working, Loyalty Program, Digital ID ...

XOX shares soar to four-year high after announcing micro-finance ...

17 Jul 2020 — “XOX is committed to promote digitisation among subscribers to enhance auto top-up, Fintech

Posted by Good123 > 2020-12-02 16:17 | Report Abuse

netx acquired mlabs shares, netx to acquire xox shares? Mr tan , ED in these 3 companies

Posted by Good123 > 2020-12-02 16:23 | Report Abuse

~120mil shares traded, tunggu warrant c percuma kut

Posted by Good123 > 2020-12-02 16:24 | Report Abuse

warrant C netx 4-4.5sen, warrant C XOX nanti 4sen? :)

Posted by Good123 > 2020-12-02 16:28 | Report Abuse

xox netx mlab merged as one dibawah Mr tan? ED bagi 3 companies tersebut

Posted by bri4n_Loo > 2020-12-02 17:06 | Report Abuse

ASTUTE market observers would have noticed on the local bourse a group of individuals, supposedly acting in concert, who have amassed shares in more than 20 publicly traded companies. These companies — linked via shareholding and directorships — are often on the most actively traded list, with huge, fluctuating share prices.

“It (the companies) is all linked to the same person; usually, the most actively traded list on a daily basis involves these counters,” one source says when asked which are the companies that are linked.

However, research by The Edge (see chart on the 21 companies) indicates that while other businessmen have surfaced, the individual said to be in control of the group of companies is not officially onboard or present as a shareholder.

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“This [his not surfacing] could be due to several issues,” another source adds.

It is also telling that nine of the 21 companies mentioned — AT Systemization Bhd, MLabs Systems Bhd, Focus Dynamics Group Bhd, mTouche Technology Bhd, Fintec Global Bhd, XOX Bhd, M3Technologies (Asia) Bhd and NetX Holdings Bhd — have their principal place of business, head office, business office or corporate office in Menara Lien Hoe, near Tropicana Golf Country Resort in Petaling Jaya. On its website, Lambo Group Bhd states that its address is at Menara Lien Hoe, even though the address in its annual report is in Old Klang Road in Kuala Lumpur.

Posted by bri4n_Loo > 2020-12-02 17:07 | Report Abuse

https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge

BECAREFUL...
FINTEC earned approx 770m fr goreng share...
XOX go buy NEXION when its price double/triple

Posted by bri4n_Loo > 2020-12-02 17:10 | Report Abuse

eference is made to the Company’s announcement dated 25 August 2020.



XOX Bhd (“XOX” or “the Company”) wishes to announce that there is no material development pertaining to the Memorandum of Understanding entered into between XOX Media Sdn. Bhd. (“XOX Media”), a wholly-owned subsidiary of the Company and Multimedia Research Lab Sdn. Bhd.



This announcement is dated 30 November 2020.

Posted by bri4n_Loo > 2020-12-02 17:11 | Report Abuse

SO MANY MOU being cancelled....

Posted by strattegist > 2020-12-02 17:20 | Report Abuse

closed red

Posted by Victor Yong > 2020-12-02 17:56 | Report Abuse

People may sell xox warrant b and pa to replace with ordinary share + free warrant c. Sudden surge in volume for xox ordinary share is expected before the cut off date for free warrant C

Posted by Victor Yong > 2020-12-02 17:58 | Report Abuse

If confirmed, jadi, rise immediately :)

@ Good123 XOX chief executive officer Ng Kok Hen declined to name the company but said it was among the top three mobile groups in China.
KUALA LUMPUR: XOX Bhd top executive confirms that the company has been approached by one of China's top telecommunications (telco) groups to build the fifth-generation (5G) wireless mobile network in Malaysia with an investment of up to RM10 billion.

XOX chief executive officer Ng Kok Hen declined to name the company but said it was among the top three mobile groups in China.
02/12/2020 4:06 PM

Posted by Victor Yong > 2020-12-02 17:59 | Report Abuse

Update on this news PLUS application for digital banking licence if any will cause xox to fly too :)


@Good123 berita terbaik xox tahun ini

XOX to provide RM1bil micro-financing to individuals, small ...

16 Jul 2020 — XOX is committed to promoting digitisation among subscribers to enhance auto top-up, Fintech, ...



Who Are We - XOX

... Cloud Solutions, Partnership, Fintech, Insurance, Marketplace, e-Wallet, Remote Working, Loyalty Program, Digital ID ...

XOX shares soar to four-year high after announcing micro-finance ...

17 Jul 2020 — “XOX is committed to promote digitisation among subscribers to enhance auto top-up, Fintech
02/12/2020 4:16 PM

Posted by Victor Yong > 2020-12-02 18:01 | Report Abuse

Xox Warrant B 7.5sen + exercise price 6sen=13.5sen = ordinary share price

Posted by Victor Yong > 2020-12-02 18:03 | Report Abuse

Xox pa 9.5sen + exercise price 5sen= 14.5sen = ordinary share price

Posted by Victor Yong > 2020-12-02 18:04 | Report Abuse

Rasional investors will buy xox ordinary share + free warrant C soon to replace its warrant B & PA

Posted by Victor Yong > 2020-12-02 18:06 | Report Abuse

#Xox Warrant B 7.5sen + exercise price 6sen=13.5sen = ordinary share price
#Xox pa 9.5sen + exercise price 5sen= 14.5sen = ordinary share price

**Rational investors will buy xox ordinary share + free warrant C soon to replace its warrant B & PA.

Expecting sudden surge in volume for xox ordinary share b4 cut-off date for free warrant C.

:)

Posted by Victor Yong > 2020-12-02 18:16 | Report Abuse

Date Close
02/12/2020. 0.105
01/12/2020 0.11
30/11/2020 0.105
27/11/2020 0.11
26/11/2020 0.11
25/11/2020 0.11
24/11/2020 0.11
23/11/2020 0.115
20/11/2020 0.115
19/11/2020 0.115
18/11/2020 0.115
17/11/2020 0.125
16/11/2020 0.135
13/11/2020 0.125
12/11/2020 0.125
11/11/2020 0.135
10/11/2020 0.12
09/11/2020 0.125
06/11/2020 0.115
05/11/2020 0.115
04/11/2020 0.12

Posted by Good123 > 2020-12-02 18:27 | Report Abuse

habis Dah, 116juta syer didagangkan :)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING XOX BHD ("XOX" OR THE "COMPANY") PRIVATE PLACEMENT
XOX BHD

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, 13 November 2020, 24 November 2020 and 27 November 2020.



On behalf of the Board, Mercury Securities wishes to announce that the Board has on 2 December 2020 (“Price-fixing Date”) fixed the issue price for the placement of 80,000,000 Placement Shares, being the fourth tranche of the Private Placement, at RM0.098 per Placement Share (“Issue Price”).



The Issue Price represents a discount of 9.26% to the 5-day VWAP of the Shares up to and including 1 December 2020 of RM0.108, being the last market day immediately preceding the Price-fixing Date.



This announcement is dated 2 December 2020.





Announcement Info
Company Name XOX BHD
Stock Name XOX
Date Announced 02 Dec 2020
Category General Announcement for PLC
Reference Number GA1-02122020-00067

Posted by Armanhashim > 2020-12-02 18:42 | Report Abuse

Getting there

Posted by Good123 > 2020-12-02 18:43 | Report Abuse

Have a listen to this podcast

https://www.bfm.my/ent-hv-malaysia-the-heart-of-digital-asean

Posted by Jack Mak > 2020-12-02 18:54 | Report Abuse

MOU Termination / No Materials development
1.
MEMORANDUM OF UNDERSTANDING XOX BHD - TERMINATION OF MEMORANDUM OF UNDERSTANDING WITH PANTECH INC.
2.
MEMORANDUM OF UNDERSTANDING XOX BHD - TERMINATION OF MEMORANDUM OF UNDERSTANDING WITH LEOPARD MOBILE
3.
MEMORANDUM OF UNDERSTANDING XOX BHD - UPDATE ON THE STATUS OF THE MEMORANDUM OF UNDERSTANDING WITH MULTIMEDIA RESEARCH LAB SDN. BHD.
4.
MEMORANDUM OF UNDERSTANDING XOX BHD - UPDATE ON THE STATUS OF THE MEMORANDUM OF UNDERSTANDING WITH 10T TECH LIMITED
5.
MEMORANDUM OF UNDERSTANDING XOX BHD - UPDATE ON THE STATUS OF THE MEMORANDUM OF UNDERSTANDING WITH GEM PAY SDN. BHD.
6.
MEMORANDUM OF UNDERSTANDING XOX BHD - UPDATE ON THE STATUS OF THE MEMORANDUM OF UNDERSTANDING WITH TOT PUBLIC COMPANY LIMITED

Posted by Good123 > 2020-12-02 18:57 | Report Abuse

sell xox to ant lagi bagus :)

Ant’s possible exit from Paytm would mark another reversal for the Chinese company hot on the heels of the dramatic suspension of its US$37bil (RM150.83bil) stock listing last month, which would have been the world’s largest. It also would be a step back from its ambitions of becoming a global payments leader. — AFP

HONG KONG/NEW DELHI: Chinese fintech giant Ant Group is considering selling its 30% stake in Indian digital payment processor Paytm amid tensions between the two Asian neighbours and a toughening competitive landscape, people with direct knowledge of the matter said.

Financial details of the possible transaction have not been firmed up and Ant, the Alibaba-backed payments-to-consumer credit behemoth, has not launched a formal sale process yet, four people told Reuters.

Paytm, which is also backed by SoftBank Group Corp among others, was valued at about US$16bil (RM65.22bil) during its latest private fundraising round a year ago. At that valuation, Ant’s stake in the Indian firm is worth about US$4.8bil (RM19.56bil).

Both Ant and Paytm said that the information was incorrect. A Paytm spokesman said “there has been no discussion with any of our major shareholders ever, nor any plans, about selling their stake”.

Ant’s possible exit from Paytm would mark another reversal for the Chinese company hot on the heels of the dramatic suspension of its US$37bil (RM150.83bil) stock listing last month, which would have been the world’s largest.

It also would be a step back from its ambitions of becoming a global payments leader. Sources told Reuters in October that Ant was cutting its financial support to many of the overseas affiliated e-wallet firms.

The main trigger for Ant to consider the divestment of its stake in Paytm is the worsening diplomatic relations between India and China in the past few months, said the people, who declined to be named as the deliberations are confidential.

Relations between the countries are at a nadir, with troops locked in a border face-off in the western Himalayas for months after a clash in June in which 20 Indian soldiers were killed.

Since the clash India has tightened rules for investments from China and banned dozens of Chinese mobile apps, including from tech giants Tencent, Alibaba and ByteDance. It banned 43 more apps late last month.

“There is a growing realisation within Ant management that it would not be able to raise its stake in the company,” one of the people with direct knowledge said, adding senior managers at Ant have discussed the idea recently.

Even so, Ant was in the middle of an investment review and it could still decide to shelve a divestment if it failed to get the desired valuation, he said.

Two other sources said that as a result of the review Ant could end up retaining a small stake in Paytm.

Competitive intensity

Indian startups are heavily funded by Chinese investors such as Alibaba and Tencent. Bankers have previously said they were looking to bolster their presence in the country with an aim to grow their revenue outside China.

Alibaba has invested over US$4bil (RM16.30bil) in India so far and had plans to invest around US$5bil (RM20.38bil) in 2021, which have now been put on hold, one of the sources said.

Alibaba did not respond to a request for comment.

Ant first invested in Paytm in 2015 and owns its 30% stake in the firm via its parent company, One97 Communications, according to Ant’s initial public offering prospectus, which described the Indian firm as a major associate.

In addition to the tighter investment rules for Chinese companies in India, tougher competition is likely another factor behind Ant’s calculations regarding Paytm, which is losing its dominance, two of the people said.

Online transactions, lending and e-wallet services have been growing rapidly in India, led by a government push to make the country’s cash-loving merchants and consumers adopt digital payments.

That has led to the entry and expansion of Facebook-owned WhatsApp, Alphabet Inc’s Google Pay, and Walmart’s PhonePe. Some domestic players are also expanding operations. – Reuters

Posted by Good123 > 2020-12-02 19:03 | Report Abuse

tech stocks especially able to fetch higher valuation :)

Airbnb’s IPO in mid-December will be the biggest since the pandemic forced a shutdown of economies around the world earlier this year. The peer-to-peer room and home rental company is seeking to raise nearly US$4 billion (RM16.3 billion) at a US$35 billion to US$40 billion valuation. Ant Group’s botched Shanghai-Hong Kong dual listing earlier this month would have been far bigger — raising over US$34.4 billion at a US$313 billion valuation — but Beijing forced the Chinese fintech giant to pull the plug at the last minute.

Airbnb, the largest private tech firm in the US, is a sharing economy giant that allows individuals to rent out their homes or apartments, effectively turning these into hotel rooms and creating a market that did not really exist before. Sharing economy firms emerged in the aftermath of the 2008 global financial crisis when capital, particularly late-stage capital, was cheap. With more than 150 million users worldwide as at Sept 30, Airbnb had over 7.4 million listings, of which 5.6 million were “active listings” during the pandemic, in 100,000 cities spread over 220 countries and territories. And oh, quite aside from houses and apartments in cities and the suburbs, it also provides a “community marketplace” for people “to list, discover and book” a wide variety of accommodation — among them, 90,000 cabins, 40,000 farms, 24,000 tiny homes, 5,600 boats, 3,500 castles, 2,800 yurts, 2,600 treehouses, 1,600 private islands, 300 lighthouses and, wait for this, 140 igloos. Indeed, there is something for everyone, almost everywhere on earth.

Essentially, Airbnb is an online tool that, for a relatively small fee, allows an individual, or a “host”, to turn his couch, spare bedroom, apartment, house, car or just about anything else into a potential hotel room. It makes money on both sides of a booking transaction, typically charging hosts a 3% service fee while guests typically pay a service fee or commission of 6% to 12%. On average, if you are renting out your home for a few days in a large global city, say London, New York or Hong Kong, Airbnb may collect about 10% of the total gross revenue.

Posted by Victor Yong > 2020-12-02 19:32 | Report Abuse

Otw

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")Shareholder’s ActionFor Voting

Posted by Victor Yong > 2020-12-02 19:34 | Report Abuse

Private Placement
As set out in the announcement dated 4 November 2020 in relation to the Private Placement, based on an illustrative price of RM0.1054 per Placement Share and the issuance of 614,851,000 Placement Shares, the gross proceeds to be raised from the Private Placement are intended to be utilised in the following manner:-
Proposed utilisation of proceeds
Expected timeframe for utilisation from completion of the Private Placement
RM’000
(i) Fintech Business Expansion(1)
(ii) Rebranding exercise to reposition the XOX brand into a Fintech solution and telecommunications provider
(iii) Marketingandpromotionalexpensesforthe Fintech Business Expansion
(iv) Estimated expenses for the Private Placement
Total
(ii)
Within 24 months Within 12 months
Within24months Immediate
48,000 5,000
9,615
2,190
64,805
Note:- (1)
The Group intends to leverage on its growing subscriber base and the advancement of technology (i.e. blockchain and big data) to develop a digital ecosystem which shall include enhancements and/or new ventures by the Group in the Fintech segment.
Bursa Securities had, vide its letter dated 11 November 2020, approved the listing and quotation of up to 614,851,000 Placement Shares to be issued pursuant to the Private Placement. As at the date of this Circular, the Private Placement is pending completion.

Posted by Victor Yong > 2020-12-02 19:36 | Report Abuse

Listing and quotation of the Warrants C and new Shares to be issued arising from the exercise of the Warrants C
Bursa Securities had on 19 October 2020 and 19 November 2020 granted its approval for the admission of the Warrants C to the Official List as well as the listing and quotation of the Warrants C and the new Shares to be issued arising from the exercise of the Warrants C on the ACE Market of Bursa Securities.
2.6 Utilisation of proceeds
The Proposed Bonus Issue of Warrants will not raise any immediate funds as the Warrants C will be issued at no cost to Entitled Shareholders.
The exact quantum of proceeds that may be received by the Company upon the exercise of the Warrants C would depend on the actual number of Warrants C exercised during the tenure of the Warrants C and the exercise price.
Strictly for illustrative purposes, based on the illustrative exercise price of RM0.06 per Warrant C, the Company will raise gross proceeds of up to approximately RM94.0 million upon full exercise of the Warrants C under the Maximum Scenario. Any proceeds arising from the exercise of the Warrants C in the future will be used to finance the Group’s general working capital requirements which shall include the defrayment of operational and administrative expenses (i.e. upgrade of information technology infrastructure and/or accounting system, payment to suppliers, marketing campaigns and promotional activities, payment of salaries, transportation costs, utilities and other miscellaneous items). The exact utilisation breakdown and the timeframe for full utilisation cannot be determined at this juncture as it would depend on the actual requirements of the Group at the time of utilisation.
As at the LPD, the Group has cash and bank balances of RM102.04 million. Pending the utilisation of proceeds as and when they may be utilised, the unutilised proceeds shall be placed in interest-bearing deposits.
3. RATIONALE FOR THE PROPOSED BONUS ISSUE OF WARRANTS
The rationale for the Proposed Bonus Issue of Warrants is as follows:-
(i) to reward Shareholders for their continuous support by enabling them to participate in convertible securities of the Company, which are tradable on the ACE Market of Bursa Securities, without incurring any cost;
(ii) to provide Shareholders with an opportunity to increase their equity participation in the Company at a pre-determined exercise price over the tenure of the Warrants C, and to allow Shareholders to further participate in the future growth of the Company when the Warrants C are exercised;
(iii) to provide the Company with additional working capital as and when the Warrants C are exercised without incurring interest costs as compared to conventional bank borrowings; and
(iv) to strengthen the capital base of the Company by increasing the size of the shareholders' funds pursuant to the exercise of the Warrants C.

Posted by Victor Yong > 2020-12-02 19:41 | Report Abuse

Prospects and future plans of the Group
The Company is principally engaged in the provision of mobile telecommunication products and services as well as mobile application and e-wallet services. The Group’s number of subscribers has increased steadily over the past few years from approximately 402,000 subscribers in March 2015 to reach approximately 2.4 million subscribers as at the LPD, amidst intense price-focused competition.
Over time, the Group has taken various efforts to differentiate itself from competitors and present itself as the brand of choice to Malaysian mobile users. These include increasing ground visibility and branding by having more stores and promotional spaces to increase public exposure and accessibility to the Group’s products and services, revamping business support system to ensure a more streamlined user experience and allowing subscriber management on multiple channels.
The Group is in the midst of transforming itself from a conventional mobile operator to a technology-driven company by implementing new technology offerings. These include the development and expansion of:-
(i) (ii)
(iii)
Voopee, a mobile application that allows smartphone users to have an additional local area mobile number without the need for an additional SIM card;
eSIM technology via the introduction of the ONEXOX Prepaid eSim. eSIM is a virtual SIM card where data is stored in a small chip embedded into a smartphone that supports the eSIM technology; and
an e-wallet mobile application (“XOX e-Wallet”).
Further, the Group, via its wholly-owned subsidiary, XOX Media Sdn Bhd had inked a microfinancing partnership agreement with Wetek Technology (M) Sdn Bhd (“Wetek”) on 16 July 2020, for a proposed collaboration to offer microfinancing facilities to XOX’s subscribers and general public to enhance the adoption of the XOX e-Wallet. Through this partnership, the funds from microfinancing is expected to populate the XOX e- Wallet, thereby increasing the number of transactions through the XOX e-Wallet.
On 24 August 2020, the Group via XOX Wallet Sdn Bhd, entered into a 3 year strategic collaboration agreement with Alipay Labs (Singapore) Pte. Ltd (“Alipay Labs”), an affiliate company of Ant Group Co Ltd, to collaborate to provide blockchain-based solutions. The Group intends to leverage on Alipay Lab’s expertise to integrate blockchain technology with its XOX e-Wallet which is expected to provide with additional security and functionality. The Group is expected to derive new income source from these additional service offerings.
To support its expansion plans, the Company has undertaken the following fund raising exercise in the past year:-
(i) In March 2020, the Company completed a rights issue exercise raising a total of RM26.5 million mainly for the eSIM expansion plan to enhance its features and cater for more subscribers as well as expansion of the XOX e-Wallet’s function. These expansion and upgrades are expected to contribute positively to the future earnings of the Group; and

(ii) In July 2020, the Company completed a private placement exercise raising total proceeds of RM19.7 million for the acquisition and commercialisation of up to 400 smart vending machines. The investment in smart vending machines business aimed at growing the Group’s subscriber base and ARPU. Meanwhile, the smart vending machines may also provide ancillary income via the sale of fast-moving consumer goods as well as digital advertising space.
Further to the above, the Company intends to undertake the Private Placement to partly fund the Group’s Fintech Business Expansion which will entail the development and commercialisation of a digital marketplace, a microfinancing platform and a blockchain e-Wallet.
Premised on the successful execution of the Group’s current and future expansion plans as set out above, the Board is optimistic on the future financial performance of the Group.

Posted by Jack Mak > 2020-12-02 19:47 | Report Abuse

Don't Spread Old news here... news dah basi... XOX cant move since Ant IPO canceled.

Posted by Victor Yong > 2020-12-02 19:52 | Report Abuse

GENERAL MEETINGS: Notice of Meeting

XOX BHD

Type of Meeting Extraordinary
Indicator Notice of Meeting
Description Notice of Extraordinary General Meeting ("EGM")

The EGM will be conducted fully virtual at the Broadcast Venue, the members are advised to refer to the Administrative Guide on the registration and voting process for the said meeting.
Date of Meeting 10 Dec 2020
Time 11:00 AM

Venue(s) Broadcast Venue at Lot 8.1, 8th Floor, Menara Lien Hoe
No. 8 Persiaran Tropicana
Tropicana Golf & Country Resort
47410 Petaling Jaya, Selangor
Malaysia

Date of General Meeting Record of Depositors 03 Dec 2020

Resolutions


1. ORDINARY RESOLUTION

Description 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")
Shareholder’s Action For Voting



Please refer attachment below.

Attachments

XOX - Notice of EGM.pdf
141.9 kB


Announcement Info
Company Name XOX BHD
Stock Name XOX
Date Announced 24 Nov 2020
Category General Meeting
Reference Number GMA-23112020-00030
Corporate Action ID MY201123MEET0023

Posted by Victor Yong > 2020-12-02 20:03 | Report Abuse

Prospects and future plans of the Group
The Company is principally engaged in the provision of mobile telecommunication products and services as well as mobile application and e-wallet services. The Group’s number of subscribers has increased steadily over the past few years from approximately 402,000 subscribers in March 2015 to reach approximately 2.4 million subscribers as at the LPD, amidst intense price-focused competition.
Over time, the Group has taken various efforts to differentiate itself from competitors and present itself as the brand of choice to Malaysian mobile users. These include increasing ground visibility and branding by having more stores and promotional spaces to increase public exposure and accessibility to the Group’s products and services, revamping business support system to ensure a more streamlined user experience and allowing subscriber management on multiple channels.
The Group is in the midst of transforming itself from a conventional mobile operator to a technology-driven company by implementing new technology offerings. These include the development and expansion of:-
11

(i)
(ii)
(iii)
Voopee, a mobile application that allows smartphone users to have an additional local area mobile number without the need for an additional SIM card;
eSIM technology via the introduction of the ONEXOX Prepaid eSim. eSIM is a virtual SIM card where data is stored in a small chip embedded into a smartphone that supports the eSIM technology; and
an e-wallet mobile application (“XOX e-Wallet”).
Further, the Group, via its wholly-owned subsidiary, XOX Media Sdn Bhd had inked a microfinancing partnership agreement with Wetek Technology (M) Sdn Bhd (“Wetek”) on 16 July 2020, for a proposed collaboration to offer microfinancing facilities to XOX’s subscribers and general public to enhance the adoption of the XOX e-Wallet. Through this partnership, the funds from microfinancing is expected to populate the XOX e- Wallet, thereby increasing the number of transactions through the XOX e-Wallet.
On 24 August 2020, the Group via XOX Wallet Sdn Bhd, entered into a 3 year strategic collaboration agreement with Alipay Labs (Singapore) Pte. Ltd (“Alipay Labs”), an affiliate company of Ant Group Co Ltd, to collaborate to provide blockchain-based solutions. The Group intends to leverage on Alipay Lab’s expertise to integrate blockchain technology with its XOX e-Wallet which is expected to provide with additional security and functionality. The Group is expected to derive new income source from these additional service offerings.
To support its expansion plans, the Company has undertaken the following fund raising exercise in the past year:-
(i) In March 2020, the Company completed a rights issue exercise raising a total of RM26.5 million mainly for the eSIM expansion plan to enhance its features and cater for more subscribers as well as expansion of the XOX e-Wallet’s function. These expansion and upgrades are expected to contribute positively to the future earnings of the Group; and
(ii) In July 2020, the Company completed a private placement exercise raising total proceeds of RM19.7 million for the acquisition and commercialisation of up to 400 smart vending machines. The investment in smart vending machines business aimed at growing the Group’s subscriber base and average revenue per user. Meanwhile, the smart vending machines may also provide ancillary income via the sale of fast-moving consumer goods as well as digital advertising space.
Further to the above, the Company intends to undertake the Proposed Private Placement to partly fund the Group’s expansion into the financial technology businesses which will entail the following:-
(i) a scalable digital marketplace integrated with e-Wallet
which aims to provide a seamless shopping experience for merchants and consumers;
(ii) provision of microfinancing services via a platform that is integrated with e- Wallet for
; and
(iii) integration and enhancement of the XOX e-Wallet with blockchain and e-KYC (electronic know your customer) solutions to enable users of its digital wallet to deposit, withdraw and exchange real currencies and digital assets as well as perform digital transactions.
logistics infrastructure for shipping and delivery of goods as well as
comprehensive buyer/seller services
individuals and small businesses who lack access to
conventional banking and related services
12
for payment services,

Premised on the successful execution of the Group’s current and future expansion plans as set out above, the Board is optimistic on the future financial performance of the Group.

Source:
Please refer attachment below.

Attachments

XOX - Announcement (revised BIOW) (6.11.2020) (final).pdf
306.4 kB

Announcement Info
Company Name XOX BHD
Stock Name XOX
Date Announced 06 Nov 2020
Category General Announcement for PLC
Reference Number GA1-06112020-00050

Posted by Victor Yong > 2020-12-02 20:22 | Report Abuse

The blockchain technology is an open system for transaction processing that follows a distributed ledger approach where the goal is to automate the processes, reduce data storage costs, provide data security, and eliminate duplicates. Well, check this out why blockchain matters.

#XOXMalaysia

Posted by Victor Yong > 2020-12-02 20:24 | Report Abuse

Si Pandai VS Si Sengal: Who can keep their line active up to 28 months without paying monthly?

#XOXMalaysia

Posted by Victor Yong > 2020-12-02 20:39 | Report Abuse

M3 is approaching breakeven in the recent quarter too. Good for xox.

XOX ups stake in M3 Technologies for RM4.43m - The Sun Daily
xox m3 from www.thesundaily.my
21 Aug 2020 — PETALING JAYA: XOX Bhd's wholly-owned subsidiary XOX (Hong Kong) Ltd has acquired a 5.23 ...

M3
SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2020


INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2020
30 Sep 2019
30 Sep 2020
30 Sep 2019
$$'000
$$'000
$$'000
$$'000
1 Revenue
11,938
8,798
32,241
27,785
2 Profit/(loss) before tax
-1,031
-1,264
-960
-3,119
3 Profit/(loss) for the period
-1,419
-1,975
-2,429
-4,933
4 Profit/(loss) attributable to ordinary equity holders of the parent
-1,752
-2,182
-3,589
-5,969
5 Basic earnings/(loss) per share (Subunit)
-0.27
-0.37
-0.56
-1.02
6 Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00

Posted by Victor Yong > 2020-12-02 20:46 | Report Abuse

More good new otw probably :)

XOX unit emerges as substantial shareholder in Macpie | The Star
xox macpie from www.thestar.com.my
6 Oct 2020 — ... XOX Bhd's unit, XOX (Hong Kong) Ltd, has acquired 9.16% or 32.36 million shares in Macpie.

Macpie-Commentary on Prospects
The Covid-19 pandemic escalated so quickly and impacted overall event segment of the past few months. However, moving forward we will be focusing on the E-Sport and Mobile Game which is currently in the midst of negotiation. In the meantime, Macpie Group will continue to monitor the cost control measure across all of its operation entities.

Posted by halooo > 2020-12-02 21:06 | Report Abuse

Maybe these fella one of high floor members. Eager to jump but afraid.Relax okay no need to spread old news. Stay safe at your floor. Once time come we will get you out from there.

Posted by bri4n_Loo > 2020-12-02 21:23 | Report Abuse

https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge

DON'T BE FOOLED BY VICTOR YA..

Posted by Victor Yong > 2020-12-02 21:51 | Report Abuse

:) xox Bhd & xox hk ~11%++ of M3

M3 Tech
TOP 10 INVESTORS (AS OF LATEST FILING)
INVESTOR NAME % O/S POSITION (M Shares) POSITION CHG (M) VALUE(M USD) FILING DATE FILING SOURCE

DGB Networks Sdn. Bhd. 9.05 58.43 0.00 0.96 22-Jun-2020 Other Substantial/Declarable
Lim (Seng Boon) 8.85 57.11 0.00 0.93 22-Jun-2020 Malaysia Insider
XOX (Hong Kong) Limited 6.25 40.33 40.33 1.36 10-Aug-2020 Other Substantial/Declarable
XOX Bhd 4.97 32.05 0.00 1.08 10-Aug-2020 Other Substantial/Declarable
GV Asia Fund Ltd. 3.77 24.30 0.00 0.40 22-Jun-2020 Other Substantial/Declarable
Goh (Lee Lang) 3.75 24.19 0.00 0.40 22-Jun-2020 Other Substantial/Declarable
Voon (Sze Lin) 3.45 22.26 0.00 0.36 22-Jun-2020 Other Substantial/Declarable
Voon (Jye Wah) 2.71 17.46 4.10 0.29 22-Jun-2020 Other Substantial/Declarable
Kong (Kok Keong) 2.00 12.93 12.93 0.21 22-Jun-2020 Other Substantial/Declarable
Choong (Yean Yaw) 1.70 11.00

Posted by bri4n_Loo > 2020-12-02 22:23 | Report Abuse

https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge

Posted by Jjkcl > 2020-12-02 22:26 | Report Abuse

Pump and dump

Posted by halooo > 2020-12-02 22:35 | Report Abuse

Yeah good to know that all shares circulate among them. Thank you Victor Yong for enlight us. At first thought you're one of high floor members but later I can sense you are probably pro trader seek for opportunity but please pity a bit lorh to uncle auntie who loss their had earn money with all of this toilet paper stocks. How much you earn before with this XOX and other penny stocks? Most of stocks you really concern all have relationship each other and all penny stocks. NETX, FINTEC, PERMAJU, DGB, AT, ANZO. Don't mislead others with old trash news!

Posted by lalazai9 > 2020-12-02 22:39 | Report Abuse

Goreng goreng penny stock more fun high risk high return, is time goreng to 0.20 earn 100% again haha