The Group registered a revenue of RM68.80 million, 18% higher than the previous quarter of RM58.57 millions which was contributed by quality prepaid subscribers converted to "Black Plan".
Cash = RM182,275,000 Borrowing only at = RM13,233,000.
Description: XOX BHD ("XOX" OR THE "COMPANY") PROPOSED BONUS ISSUE OF WARRANTS
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the announcement dated 6 November 2020 in relation to the Proposed Bonus Issue of Warrants, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcement in relation to the Proposed Bonus Issue of Warrants dated 6 November 2020 and 9 November 2020.
On behalf of the Board, Mercury Securities is pleased to announce that Bursa Securities has, vide its letter dated 19 November 2020, approved the following:-
(i) admission to the Official List and listing and quotation of additional 230,569,125 Warrants C to be issued pursuant to the Proposed Bonus Issue of Warrants; and (ii) listing and quotation of additional 230,569,125 new Shares to be issued arising from the exercise of the additional Warrants C. The approval by Bursa Securities for the above is subject to the following conditions:- (i) XOX and Mercury Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Bonus Issue of Warrants; (ii) XOX and Mercury Securities to inform Bursa Securities upon the completion of the Proposed Bonus Issue of Warrants; (iii) XOX to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Bonus Issue of Warrants is completed; and (iv) XOX to furnish Bursa Securities on a quarterly basis a summary of the total number of Shares listed pursuant to the exercise of Warrants C as at the end of each quarter together with a detailed computation of listing fees payable.
Subject: CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED BONUS ISSUE OF WARRANTS
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 HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED BONUS ISSUE OF WARRANTS”) AND NOTICE OF EXTRAORDINARY GENERAL MEETING
Last date and time for lodging the : Wednesday, 9 December 2020 at 11.00 a.m. Form of Proxy for the EGM Date and time of the EGM : Thursday, 10 December 2020 at 11.00 a.m. Broadcast Venue of the EGM : Lot 8.1, 8th Floor, Menara Lien Hoe, No. 8 Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor This Circular is dated 25 November 2020
Yes, the EGM will be held on Thursday, 10 December 2020 at 11.00 a.m. to passed this=> BONUS ISSUE OF FREE WARRANTS IN XOX ("WARRANTS C”) ON THE BASIS OF 3 WARRANTS C FOR EVERY 8 EXISTING ORDINARY SHARES IN XOX
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.
“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.
In 2006, Lien Hoe Corp Bhd sold Lien Hoe Tower Sdn Bhd, which owns Menara Lien Hoe, to privately held E-Globalfocus Sdn Bhd for RM1 and the assumption of RM43 million in debts.
The bad is when the price goes below 0.100, it will become a strong downtrend... Price should maintain above 0.100 in order to shoot up https://www.tradingview.com/x/dLluZ66e/
hehehe ! long time no here ady, fyi, I sold 4-5 month's ago, at above 0.22, you guy still dreaming kah? my comment in earlier if you know then you will run !! Conclusion: Dangerous! Game over=no hope! take care. bye
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
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Posted by halooo > 2020-11-30 20:24 | Report Abuse
Run business but most of quarter result red. What a jokes