XOX BHD

KLSE (MYR): XOX (0165)

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Last Price

0.205

Today's Change

+0.02 (10.81%)

Day's Change

0.00 - 0.21

Trading Volume

1,510,500


44 people like this.

48,925 comment(s). Last comment by billionaire88 1 week ago

halooo

464 posts

Posted by halooo > 2020-12-09 12:19 | Report Abuse

Nurimran87 Sempat lagi ke nak masuk?
09/12/2020 12:07 PM

Masuk saja. Unlimited shares you can buy

ctooi51

391 posts

Posted by ctooi51 > 2020-12-09 12:20 | Report Abuse

Hoot ah... Boh Knia Si..

Good123

26,466 posts

Posted by Good123 > 2020-12-09 12:25 | Report Abuse

selepas EGM esok, boleh makan Kari lembu haha

DrJoel88

376 posts

Posted by DrJoel88 > 2020-12-09 12:28 | Report Abuse

Perghh nak gi break pun up down ker?

Good123

26,466 posts

Posted by Good123 > 2020-12-09 12:29 | Report Abuse

540m shares traded

tkl88

8,712 posts

Posted by tkl88 > 2020-12-09 12:41 | Report Abuse

Bravo, half day already total 540 million shares traded!

Huat ah ! Heng ah ! Ong ah !

TRYLUCK88

196 posts

Posted by TRYLUCK88 > 2020-12-09 13:37 | Report Abuse

expect 10.5-11 for 1 more wk. they need to list the balance PP of 280m shares first.

strattegist

23,459 posts

Posted by strattegist > 2020-12-09 13:40 |

Post removed.Why?

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-09 13:53 | Report Abuse

Xox n Alipay of ant group involved in blockchain , should be promising :)

Local investors are a step closer to accessing a new breed of digital tokens issued by local start-ups and early-stage companies.

On Oct 28, the Securities Commission Malaysia’s (SC) revised Guidelines on Digital Assets came into force and applications were open for licences to operate initial exchange offering (IEO) platforms. The guidelines were issued on Jan 15 this year. According to industry players, there has been keen interest to participate in the new investment space.

IEO operators play a similar role to investment banks, in that they will act as the adviser, book runner and underwriter for start-ups and companies that wish to raise up to RM100 million (in 12 months) for innovative blockchain projects through the issuance of digital tokens. These tokens are defined as “securities” by the SC.

An increasing number of listed companies are moving into the blockchain and digital token space, and these include MyEG Services Bhd and AirAsia Group Bhd. In 2018, MyEG inked a memorandum of understanding — via its associate company in the Philippines, I-Pay MyEG Philippines Inc — with Cagayan Economic Zone Authority, to operate a payment gateway for cryptocurrency exchanges in the country.

Tan Sri Tony Fernandes, co-founder and CEO of AirAsia Group, announced in 2017 that he wanted to turn frequent flyer points into a cryptocurrency (or digital token) known as BigCoin. But there have been no updates regarding the initiative.

In Malaysia, two out of the three digital asset exchange (DAX) operators — entities licensed by the SC to operate an electronic platform for the trading of digital tokens (bitcoin, ether, litecoin and ripple) — have expressed their interest in applying for IEO operator licences.

Equity crowdfunding platform pitchIN will also apply for a licence, according to Kashminder Singh, its co-founder and chief strategy officer.

Edmund Yong, co-founder of boutique blockchain consultancy firm Celebrus Advisory, says various technology start-ups and companies have been enquiring about becoming an IEO operator recently.
$$$$€¥¥
XOX in pact with Alipay Labs to offer blockchain solutions in ...
xox and alipay from www.nst.com.my
26 Aug 2020 — KUALA LUMPUR: XOX Bhd has formed a strategic collaboration with Alipay Labs (Singapore) Pte Ltd, ...
Imagewww.theedgemarkets.com › article
XOX up, most active after announcing Alipay Labs deal ...
xox and alipay from www.theedgemarkets.com
27 Aug 2020 — Yesterday, XOX said in a statement to Bursa that Alipay Labs is an affiliate company of Ant Group Co ...
Imagewww.msn.com › money › topstories
XOX up, most active after announcing Alipay deal
27 Aug 2020 — Yesterday, XOX said in a statement to Bursa that Alipay Labs is an affiliate company of Ant Group Co ...
Imagewww.pressreader.com › malaysia
XOX TEAMS UP WITH ALIPAY LABS - PressReader
27 Aug 2020 — XOX TEAMS UP WITH ALIPAY LABS. Firms sign deal to offer blockchain-based solutions in Asia Pacific

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-09 14:12 | Report Abuse

Usah beli xox jika tak percaya kepadanya. I rasa Ada berita luar biasa otw.

Walking bagaimanapun, esok dah Ada Hadiah berbentuk warrant c kan?

Semoga berjaya :)

bri4n_Loo

328 posts

Posted by bri4n_Loo > 2020-12-09 14:14 | Report Abuse

Victor let's see how's the price after the extraordinary news claimed by u out. The news when out? Don't mulut cakap, kkbird seronok ya..

Good123

26,466 posts

Posted by Good123 > 2020-12-09 14:17 | Report Abuse

katakan belian xox pada 11sen sebanyak 800,000 syer = RM88,000. Warrant percuma 300,0000 @9sen = RM27000.

Andaian warrant C pada 9sen macam warrant wb kini dan harga kekal pada 11sen.

Untung bersih ~ Rm27,000 kan? Jika harga syer biasa naik lagi dan harga warrant c juga naik lagi, sangat lumayan bagi pelabur kan?


Sendiri kaji, tanya pengurus dana kamu :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-09 14:41 | Report Abuse

heavily traded stocks included XOX up 0.5 sen to 11 sen, Hua-An rising two sen to 13 sen and Yong Tai up 1.5 sen to 36 sen.

With more Covid-19 vaccine news to lift recovery sentiment, Asian markets extended their gains on an uptrend.

Nikkei rose 1.15% while China's main index added 0.1% and Hong Kong's Hang Seng added 1.3%.

South Korea's Kospi climbed 1.5% and Australia's ASX 200 put on 0.6%.

tkl88

8,712 posts

Posted by tkl88 > 2020-12-09 14:48 | Report Abuse

KLSE probably will break above 1,700 points by end of
December 2020 !

Huat ah ! Heng ah ! Ong ah !

wmf081

45 posts

Posted by wmf081 > 2020-12-09 15:01 | Report Abuse

somethings blocking at 0.11 ..very hard to break

tkl88

8,712 posts

Posted by tkl88 > 2020-12-09 15:13 | Report Abuse

Seems like someone wanted to collect all cheap shares at price of 0.11
Whoever can’t wait can queue to sell at 0.11
But u definitely will be regret one day when suddenly it’s price spike up to Mars !

High5

1,269 posts

Posted by High5 > 2020-12-09 15:18 | Report Abuse

PP 100,000,000 shares today at 9cts

Posted by Johnson Wong > 2020-12-09 15:24 | Report Abuse

Shark accumulate big volume at 0.11 but frustrated retailers selling small small volume at 0.105

DrJoel88

376 posts

Posted by DrJoel88 > 2020-12-09 15:24 | Report Abuse

9.5cts bro.. don’t forget the 1/2 :p

wee2000

246 posts

Posted by wee2000 > 2020-12-09 15:30 | Report Abuse

warrants will be voted tomorrow, the exercise date is 2nd q next year, not tomorrow. 2nd q means march-june 2021.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-09 15:55 | Report Abuse

Esok naik roket ke bulan kut?

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-09 15:55 | Report Abuse

~600 juta syer bertukar tangan terkacak

Good123

26,466 posts

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

T DATE
TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED BONUS ISSUE OF WARRANTS”)
AND
NOTICE OF EXTRAORDINARY GENERAL MEETING
Principal Adviser
MERCURY SECURITIES SDN BHD
[Registration No. 198401000672 (113193-W)]
(A Participating Organisation of Bursa Malaysia Securities Berhad)
The Extraordinary General Meeting of the Company (“EGM”) will be held on a fully virtual basis and entirely via remote participation and
voting. The Notice of EGM together with the Form of Proxy are enclosed in this Circular.
If you decide to appoint a proxy or proxies for the EGM, you must complete, sign and return the Form of Proxy and deposit it at the office
of the Company’s Share Registrar at 2-1, Jalan Sri Hartamas 8, Sri Hartamas, 50480 Kuala Lumpur on or before the date and time
indicated below or at any adjournment thereof. The completion and lodging of the Form of Proxy will not preclude you from attending
and voting in person at the EGM should you subsequently wish to do so in such an event, your Form of Proxy shall be deemed to have
been revoked.
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
THIS CIRCULAR TO SHAREHOLDERS OF XOX BHD (“XOX” OR THE “COMPANY”) IS IMPORTANT AND REQUIRES YOUR
IMMEDIATE ATTENTION.
If you are in any doubt as to the course of action to be taken, you should consult your stockbroker, bank manager, solicitor, accountant
or other professional advisers immediately. This Circular has been reviewed and approved by Mercury Securities Sdn Bhd, being the
Principal Adviser to the Company for the Proposed Bonus Issue of Warrants (as defined herein).
Bursa Malaysia Securities Berhad takes no responsibility for the contents of this Circular, makes no representation as to its accuracy
or completeness, and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or
any part of the contents of this Circular.
XOX BHD
[Registration No. 201001016682 (900384-X)]
(Incorporated in Malaysia)
CIRCULAR TO SHAREHOLDERS IN RELATION TO:-
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
Principal Adviser
MERCURY SECURITIES SDN BHD
[Registration No. 198401000672 (113193-W)]
(A Participating Organisation of Bursa Malaysia Securities Berhad)
The Extraordinary General Meeting of the Company (“EGM”) will be held on a fully virtual basis and entirely via remote participation and
voting. The Notice of EGM together with the Form of Proxy are enclosed in this Circular.
If you decide to appoint a proxy or proxies for the EGM, you must complete, sign and return the Form of Proxy and deposit it at the office
of the Company’s Share Registrar at 2-1, Jalan Sri Hartamas 8, Sri Hartamas, 50480 Kuala Lumpur on or before the date and time
indicated below or at any adjournment thereof. The completion and lodging of the Form of Proxy will not preclude you from attending
and voting in person at the EGM should you subsequently wish to do so in such an event, your Form of Proxy shall be deemed to have
been revoked.
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
THIS CIRCULAR TO SHAREHOLDERS OF XOX BHD (“XOX” OR THE “COMPANY”) IS IMPORTANT AND REQUIRES YOUR
IMMEDIATE ATTENTION.
If you are in any doubt as to the course of action to be taken, you should consult your stockbroker, bank manager, solicitor, accountant
or other professional advisers immediately. This Circular has been reviewed and approved by Mercury Securities Sdn Bhd, being the
Principal Adviser to the Company for the Proposed Bonus Issue of Warrants (as defined herein).
Bursa Malaysia Securities Berhad takes no responsibility for the contents of this Circular, makes no representation as to its accuracy
or completeness, and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or
any part of the contents of this Circular.
XOX BHD
[Registration No. 201001016682 (900384-X)]
(Incorporated in Malaysia)
CIRCULAR TO SHAREHOLDERS IN RE

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:18 | Report Abuse

terlalu dahsyat :)


Fintech Business
Expansion
The Group’s expansion into the Fintech segment which will entail the
following:-
(i) development and commercialisation of a scalable digital
marketplace integrated with e-Wallet for payment services,
logistics infrastructure for shipping and delivery of goods as
well as comprehensive buyer/seller services 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 individuals and small businesses
who lack access to conventional banking and related
services; 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

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:20 | Report Abuse

Proposed Bonus Issue of
Warrants
- Proposed bonus issue of up to 1,566,850,510 free Warrants C on the
basis of 3 Warrants C for every 8 existing Shares held by Entitled
Shareholders on the Entitlement Date

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:21 | Report Abuse

Bagus, dato seri :)

Board of Directors
Dato’ Seri Abdul Azim bin Mohd Zabidi (Non-Independent Non-Executive Chairman)
Roy Ho Yew Kee (Executive Director)
Tan Sik Eek (Executive Director)
Hew Tze Kok (Independent Non-Executive Director)
Andy Liew Hock Sim (Independent Non-Executive Director)
To: The Shareholders
Dear Sir / Madam,
PROPOSED BONUS ISSUE OF WARRANTS
1. INTRODUCTION
On 9 October 2020 and 6 November 2020, Mercury Securities had, on behalf of the Board,
announced that the Company proposes to undertake the Proposed Bonus Issue of Warrants.
On 19 October 2020, Mercury Securities had, on behalf of the Board, announced that Bursa
Securities had, vide its letter dated 19 October 2020, granted its approval for the following:-
(i) admission to the Official List and listing and quotation of up to 1,336,281,385 Warrants
C; and
(ii) listing and quotation of up to 1,336,281,385 new Shares to be issued arising from
exercise of the Warrants C.
On 4 November 2020, Mercury Securities had, on behalf of the Board, announced that the
Company proposes to undertake the Private Placement

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:23 | Report Abuse

On 6 November 2020, to facilitate the Private Placement, Mercury Securities had, on behalf of
the Board announced the proposed bonus issue of up to 1,566,850,510 free Warrants C on the
basis of 3 Warrants C for every 8 existing Shares held by the Entitled Shareholders on an
Entitlement Date to be determined and announced later.
This is to allow the Placees who subscribe for the Placement Shares to be entitled to the
Warrants C, should the Placees subscribe for the Placement Shares prior to the Entitlement
Date. In view of the current market sentiment, the Board expects that the inclusion of the
Placees for the entitlement to the Proposed Bonus Issue of Warrants, where practicable, will
allow the Group to procure investor(s) more easily. Accordingly, the previous EGM which was
to be held on Monday, 9 November 2020 in relation to the previous Proposed Bonus Issue of
Warrants was aborted.
On 9 November 2020, the application for the additional 230,569,125 free Warrants C to be
quoted and listed on Bursa Securities has been made to Bursa Securities to cater for the
entitlement by the Placees for such number of Placement Shares.
On 19 November 2020, Mercury Securities had, on behalf of the Board, announced that Bursa
Securities had, vide its letter dated 19 November 2020, granted its approval for the following:-
(i) admission of additional 230,569,125 Warrants C to the Official List;
(ii) listing and quotation of additional 230,569,125 Warrants C; and
(iii) listing and quotation of additional 230,569,125 new Shares to be issued arising from
the exercise of the Warrants C.

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:24 | Report Abuse

Indicative salient terms of Warrants C
Issuer : XOX
Issue size : Up to 1,566,850,510 Warrants C
Form : The Warrants C will be issued in registered form and constituted
by the Deed Poll C.
Board lot : For purpose of trading on Bursa Securities, a board lot of
Warrants C shall be 100 units of Warrants C, or such other
denomination as permitted by Bursa Securities.
Tenure : 3 years commencing from and inclusive of the date of issuance
of the Warrants C.
Exercise period : The Warrants C may be exercised at any time within a period of
3 years commencing from and including the date of issuance of
the Warrants C to the close of business at 5.00 p.m. on the
market day immediately preceding the date which is the third
(3rd) anniversary from the date of issuance of the Warrants C.
Any Warrants C not exercised during the exercise period will
thereafter lapse and cease to be valid for any purpose.
Exercise price : The exercise price of the Warrants C will be determined by the
Board and announced at a later date after obtaining all the
relevant approvals but prior to the Entitlement Date. The Board
intends to fix the exercise price of the Warrants C at a range of
discount between 0% to 40% to the TEAP of the Shares based
on the 5-day VWAP of the shares up to and including the pricefixing date. The exercise price of the Warrants C shall however
be subject to adjustments under certain circumstances
prescribed in accordance with the terms and provisions of the
Deed Poll C.
Subscription
rights
: Each Warrant C entitles its holder to subscribe for 1 new Share
at any time during the exercise period at the exercise price of the
Warrants C, subject to adjustments under certain circumstances
prescribed in accordance with the terms and provisions of the
Deed Poll C.
Mode of
exercise
: The Warrants C holders must complete, sign and stamp the form
for the exercise of the subscription rights as may be provided by
the Company ("Subscription Form") (which shall be
irrevocable) and lodge the same with the share registrar of the
Company together with a remittance in Ringgit Malaysia by way
of a banker's draft/cashier's order/money order/postal order
drawn on a bank or post office operating in Malaysia for the
aggregate of the exercise price payable when exercising their
Warrants C to subscribe for new Shares.
Participating
rights
: The Warrants C do not entitle the Warrants C holders to any
voting rights or to participate in any distribution and/ or offer of
securities in the Company until and unless the Warrants C
holders exercise their Warrants C into new Shares and such new
Shares have been allotted and issued.

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:25 | Report Abuse

bagus, bagi semua sekaligus. The Proposed Bonus Issue of Warrants will not be implemented in stages over a period
of time.

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:25 | Report Abuse

Transferability : The Warrants C shall be transferable in the manner provided
under the Securities Industry (Central Depositories) Act 1991
and the Rules of Bursa Depository.
Listing status : The Warrants C will be listed and quoted on the ACE Market of
Bursa Securities.
Governing law : The Warrants C and the Deed Poll C shall be governed by the
applicable laws and regulations of Malaysia.

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:26 | Report Abuse

Basis and justification for the issue price and exercise price of the Warrants C
The Warrants C will be issued at no cost to the Entitled Shareholders.
The exercise price of the Warrants C will be determined and announced by the Board
at a later date after taking into consideration, amongst others, the TEAP of the Shares
based on the 5-day VWAP of the Shares up to and including the price-fixing date.
The Board intends to fix the exercise price of the Warrants C at a range of discount
between 0% to 40% to the TEAP of the Shares based on the 5-day VWAP of the shares
up to and including the price-fixing date. This was determined by the Board after taking
into consideration the following:-
(i) appetite of investors for the Private Placement which may be impacted by the
COVID-19 pandemic as well as political uncertainties. The Proposed Bonus
Issue of Warrants may act as a sweetener for the Placee(s) to subscribe to the
Placement Shares; and
(ii) future prospects and potential funding requirements of the Group, including the
Group’s expansion plans in the Fintech segment, further details of which are
set out in the announcement in relation to the Private Placement dated 4
November 2020, as well as in Sections 2.6 and 4.3 of this Circular.
Based on an illustrative exercise price of the Warrants C of RM0.06, this represents a
discount of 38.25% to the TEAP of the Shares of RM0.0972, calculated based on the
5-day VWAP of the Shares up to and including the LPD of RM0.1111.

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:27 | Report Abuse

wow, bursa dah ok :)

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.

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:28 | Report Abuse

free. the
Warrants C will be issued at no cost to Entitled Shareholders.

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:29 | Report Abuse

reward shareholders , baguslah

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.

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:30 | Report Abuse

Baguslah, blockchain dan big data dengan alipay, ant group :) agreement selama 3 tahun kan?

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) Within 24 months 48,000
(ii) Rebranding exercise to reposition the XOX
brand into a Fintech solution and
telecommunications provider
Within 12 months 5,000
(iii) Marketing and promotional expenses for the
Fintech Business Expansion
Within 24 months 9,615
(iv) Estimated expenses for the Private
Placement
Immediate 2,190
Total 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.

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:33 | Report Abuse

smart vending machine, pintar sekali...

Private Placement July 2020
On 23 July 2020, the Company completed a private placement exercise involving the
issuance of 327,719,000 new Shares (representing 30% of the then existing total
number of issued Shares prior to the Private Placement July 2020), raising total
proceeds of RM19.7 million. The status of utilisation of the proceeds as at the LPD is
as below:-
Utilisation of proceeds
Timeframe for
utilisation from
completion of the
Private Placement
July 2020
Actual
proceeds
raised
(RM’000)
Amount
utilised as
at the LPD
(RM’000)
Balance
available
for
utilisation
(RM’000)
(i) Investment in the business of
smart vending machines(1)
Within 24 months 19,063 2,385 16,678
(ii) Expenses incurred for the
Private Placement July 2020
Immediate 600 600 -
Total 19,663 2,985 16,678

The proceeds are earmarked for the acquisition and commercialisation of up to 400
units of smart vending machines as well as the recruitment of a new team for the smart
vending machine business. As at the LPD, the Group has placed orders for 10 smart
vending machines which are to be installed at various location such as office buildings,
shopping mall and public transportation area (i.e. bus stop). The Group is also in the
midst of integrating the smart vending machines back-end systems with the Group’s
existing applications, e.g. XOX Black mobile application and, XOX portal in order to
facilitate the user to top up credits and/or make purchases on the smart vending
machines using the XOX e-Wallet. The Group expects to install up to 400 units
gradually over the next 2 years.

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:34 | Report Abuse

cantiklah, pertumbuhan yang indah

Rights Issue
On 12 March 2020, the Company completed a rights issue exercise involving the
issuance of 1,061,027,506 ICPS and 265,256,876 Warrants B, raising a total of
RM26.5 million. The status of utilisation of the proceeds as at the LPD is as below:-
Utilisation of proceeds
Timeframe for
utilisation from
completion of the
Rights Issue
Actual
proceeds
raised
(RM’000)
Amount
utilised as
at the LPD
(RM’000)
Balance
available
for
utilisation
(RM’000)
(i) eSIM expansion
plan(1)
Within 24 months 15,000 9,796 5,204
(ii) Expansion of XOX’s
e-Wallet function(2)
Within 36 months 10,526 8,492 2,034
(iii) Expenses incurred
for the Rights Issue
Immediate 1,000 1,000 -
Total 26,526 19,288 7,238
Notes:-
(1) The proceeds are earmarked for enhancement and upgrading of the Group’s platform
as well as marketing to cater for expansion of the Group’s eSIM mobile subscription
plan. As at the LPD, the Group is in the midst of upgrading the Group’s platform and
this is expected to be complete by end of March 2021.
(2) The proceeds are earmarked for the initial development and gradual enhancement as
well as marketing of the XOX e-Wallet. As at the LPD, the Group is in the midst of
upgrading the Group’s e-Wallet mobile applications and is expected to complete by first
quarter of 2021.

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:35 | Report Abuse

sungguh indah, luar biasa pelan biz xox :)

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) Voopee, a mobile application that allows smartphone users to have an
additional local area mobile number without the need for an additional SIM card;
(ii) 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
(iii) 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 eWallet, 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
13
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(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.

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:43 | Report Abuse

XOX kembali panas, 5g, ewallet, digital money lending, Blockchain, dll

Good123

26,466 posts

Posted by Good123 > 2020-12-09 16:44 | Report Abuse

tech theme kembali hot. vaksin Kian pudar

bri4n_Loo

328 posts

Posted by bri4n_Loo > 2020-12-09 16:53 | Report Abuse

Run run run

Posted by Fadzli Alias > 2020-12-09 17:05 | Report Abuse

Good price to enter, 18 cent in the making....

Good123

26,466 posts

Posted by Good123 > 2020-12-09 17:05 | Report Abuse

11sen tercapai syabas just the beginning

yusffi

48 posts

Posted by yusffi > 2020-12-09 17:28 | Report Abuse

18 or 39.5

cicakman

7,758 posts

Posted by cicakman > 2020-12-09 17:39 | Report Abuse

8 share free 3 warrants.

halooo

464 posts

Posted by halooo > 2020-12-09 17:46 | Report Abuse

Kah kah kah, good right kena con.

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
XOX BHD

Particulars of substantial Securities Holder
Name KEY ALLIANCE GROUP BERHAD
Address Lot 18.2, 18th Floor,
Menara Lien Hoe,
No. 8 Persiaran Tropicana
Petaling Jaya
47410 Selangor
Malaysia.
Company No. 200301007533(609953-K)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 07 Dec 2020
39,000,000
Disposed Direct Interest
Name of registered holder KEY ALLIANCE GROUP BERHAD
Address of registered holder Lot 18.2, 18th Floor, Menara Lien Hoe, No. 8 Persiaran Tropicana, 47410 Petaling Jaya, Selangor
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal through open market
Nature of interest Direct Interest
Direct (units) 347,900,000
Direct (%) 9.997
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 347,900,000
Date of notice 09 Dec 2020
Date notice received by Listed Issuer 09 Dec 2020


Announcement Info
Company Name XOX BHD
Stock Name XOX
Date Announced 09 Dec 2020
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-09122020-00053

yeochingu

1,907 posts

Posted by yeochingu > 2020-12-09 17:55 | Report Abuse

OMG Big shareholder throw share..
GG counter..too much sorchai join boat.. tot can buy cheap..mana tau... the share can go cheaper

yeochingu

1,907 posts

Posted by yeochingu > 2020-12-09 17:57 | Report Abuse

i wanna see how Victor will react to this disposal..
I wanna see he want talk what kok

Posted by Fairuzfai10 > 2020-12-09 18:03 | Report Abuse

By end of this month going to sell all the shares in xox n switch to unix before that counter go kebaboom

Posted by Greengreenz > 2020-12-09 18:18 | Report Abuse

Direct (units) 386,900,000 minus 39,000,000 >>>Direct (units) 347,900,000
Direct (%) 12.59 minus 2.59% >>>Direct (%) 10.00% (still owned by Key Alliance).

Once again, don't always see title without check content. If not something good is brewing, why just dispose a little 2.59% in such a high volume day(few days).
For reason why just cash out 2.59% , then you might need to think what's the purpose they will use it later.

For those people who always ask people sell and collect self after, really no sense one. No different with scammer.

For those people who always ask people sell but didn't collect, then i have no comment, just own decision.

Always study and improve please.

Chill~~~

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