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 |