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MAG

Bonus Issue

XINGHE HOLDINGS BERHAD

Entitlement subject Bonus Issue
Entitlement description
Issuance of up to 460,887,432 free warrants in MAG Holdings Berhad (formerly known as XingHe Holdings Berhad) ("MAG") ("Warrants") on the basis of one (1) Warrant for every two (2) ordinary shares in MAG held as at 5.00 p.m. on 26 August 2020 ("Free Warrants Issue")
Shareholder's Approval Yes
Ex-Date 25 Aug 2020
Entitlement date 26 Aug 2020
Entitlement time 5:00 PM
Financial Year End 31 Dec 2020
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
Securities Crediting Date
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 26 Aug 2020
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
460,887,432
Entitlement indicator Ratio
Par Value (if applicable)

Securities Entitlement
Company Name
XINGHE HOLDINGS BERHAD
Entitlement
Warrants
Ratio (New : Existing) 1.0000 : 2.0000
Available/Listing Date 08 Sep 2020
Fractional Entitlement Round Down / Fraction Disregard

Registrar or Service Provider name, address, telephone no SECURITIES SERVICES (HOLDINGS) SDN BHD
Level 7, Menara Milenium
Jalan Damanlela, Pusat Bandar Damansara

Damansara Heights

50490 Kuala Lumpur

Wilayah Persekutuan

Malaysia

Tel:0320849000
Fax:0320949940


Remarks :
The Warrants will be credited into the central depository system accounts of the entitled shareholders of MAG ("Entitled Shareholders") and notices of allotment will be issued and despatched to the Entitled Shareholders at the address as per the Record of Depositors of MAG prior to the date of listing and quotation of the Warrants. 

The Warrants will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") within 2 market days after the submission of the application for quotation of the Warrants to Bursa Securities.

This announcement is dated 11 August 2020.


Announcement Info

Company Name XINGHE HOLDINGS BERHAD
Stock Name XINGHE
Date Announced 11 Aug 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-11082020-00006
Corporate Action ID MY200811BONU0001


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