Remarks 1: "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 10 January 2018 with bonus issue of XDL shares, any shareholder who is entitled to receive XDL bonus issue shares, may sell any or all of his XDL shares arising from the bonus issue beginning the Ex-Date (8 January 2018).
For example, if Mr X purchases 100 XDL shares on cum basis on 5 January 2018, Mr X should receive 100 shares on 10 January 2018. As a result of the bonus issue, a total of 200 XDL shares will be credited into Mr X's CDS account on the night of 10 January 2018 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 200 on or after the Ex-Date ie from 8 January 2018 onwards."
Remarks 2:- The Bonus Issue will entail the issuance of up to 894,179,400 Bonus Shares on the basis of 1 Bonus Share for every 1 Share held by the entitled shareholders whose names appear in the Record of Depositors ("ROD") of XDL at 5.00 p.m. on the Entitlement Date ("Entitled Shareholders"). The actual number of Bonus Shares to be issued will depend on the issued and paid-up share capital of XDL on the Entitlement Date, taking into account any exercise of existing XDL warrants 2015/2018 ("Warrants C"). The Bonus Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 11 January 2018, being 1 market day after the Entitlement Date. XDL's Share Registrar is expected to issue and despatch the notices of allotment for the Bonus Shares to the Entitled Shareholders not later than 4 market days after the date of listing and quotation for the Bonus Shares. Holders of Warrants C ("Warrant C Holders") who wish to be entitled to the Bonus Issue shall exercise their Warrants C to subscribe for new Shares by lodging their duly completed exercise forms together with the relevant subscription monies with XDL's Share Registrar (at the address stated above) on or before 5.00 p.m. on 28 December 2017. This is to enable the new XDL Shares arising from such exercise to be allotted to the respective Warrant C Holders such that their names will appear in the ROD for XDL Shares at 5.00 p.m. on the Entitlement Date.
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....
limsonic
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Posted by limsonic > 2017-12-28 15:14 | Report Abuse
Ding say dont talk b4, dont talk too future, talk now the company is growing