XOX-PA still under value.

The ICPS may be converted into new fully-paid ordinary shares in XOX ("XOX Shares" or "Shares") at the conversion price of RM0.05 (Conversion Price) in the following manner:-

(i) by surrendering 2 ICPS (which are issued at an issue price of RM0.025 each) without additional cash payment for 1 new Share; or

(ii) by surrendering 1 ICPS (which is issued at an issue price of RM0.025 each) with additional cash payment of RM0.025 for 1 new Share. Premised on the terms of the ICPS and subject to adjustments, the ICPS may be converted into new XOX Shares on any market day commencing on and including the issue date of the ICPS up to and including the maturity date of the ICPS.

Any remaining ICPS that are not converted by the maturity date shall be mandatorily converted into new XOX Shares at the conversion ratio of 2 ICPS for every 1 new XOX Share. This announcement is dated 11 March 2020.

The monthly production of crude palm oil & palm kernel for United Plantations Berhad up about 31% in June

Dividend ex date 30 June subject to AGM approval.

Bonus 1:1 Ex-date 27 May

Proposed bonus 1:1