XDL

Share Consolidation

XIDELANG HOLDINGS LTD

EX-date 15 May 2017
Entitlement date 17 May 2017
Entitlement time 05:00 PM
Entitlement subject Share Consolidation
Entitlement description BOOKS CLOSURE DATE FOR THE CONSOLIDATION OF EVERY FOUR (4) ORDINARY SHARES OF USD0.01 EACH IN XIDELANG HOLDINGS LTD ("XDL" OR THE "COMPANY") INTO ONE (1) ORDINARY SHARE OF USD0.04 ("CONSOLIDATED SHARE") AT 5.00 P.M. ON 17 MAY 2017 ("SHARE CONSOLIDATION") ("BOOKS CLOSURE DATE")
Period of interest payment   to  
Financial Year End 31 Dec 2017
Share transfer book & register of members will be   to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Tel:03-27839299 Fax:03-27839222
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 17 May 2017
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)
Entitlement indicator Ratio
Ratio 4 : 1
Rights Issue/Offer Price
Par Value U.S. Dollar (USD) 0.010


Remarks :
The actual number of Consolidated Shares to be issued would depend on the issued and paid-up share capital of XDL on the Books Closure Date. Fractional entitlements arising from the Share Consolidation shall be disregarded and dealt with by the Board of Directors of the Company in such manner at its absolute discretion as it may deem fit or expedient and in the best interests of the Company. 

The Consolidated Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 18 May 2017, being the next market day following the Books Closure Date. 

The notice of allotment for the Share Consolidation will be despatched to the entitled shareholders not later than four (4) market days after the date of listing and quotation of the Consolidated Shares on Bursa Securities. 

This announcement is dated 2 May 2017.


Announcement Info

Company Name XIDELANG HOLDINGS LTD
Stock Name XDL
Date Announced 02 May 2017
Category Entitlement(Notice of Book Closure)
Reference Number ENT-27042017-00005


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