XL-WA

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

XL HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Issuance of 47,734,099 free warrants ("Warrant(s)") in XL Holdings Berhad (formerly known as Xian Leng Holdings Berhad) ("XL" or "Company") on the basis of 1 Warrant for every 2 existing ordinary shares in XL held as at 5:00 p.m. on 7 May 2021 ("Free Warrants Issue")
Listing Date 20 May 2021
Issue Date 11 May 2021
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 47,734,099
Maturity Mandatory
Maturity Date 10 May 2024
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   1.2300
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks : 
Each Warrant carries the entitlement to subscribe for 1 new ordinary share in XL at the exercise price (as indicated above) and at any time during the exercise period (as indicated above) ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 22 April 2021, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. 

This announcement is dated 19 May 2021.

Announcement Info

Company Name XL HOLDINGS BERHAD
Stock Name XL-WA
Date Announced 19 May 2021
Category Listing Information and Profile
Reference Number LIP-19052021-00001


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