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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES XIN HWA HOLDINGS BERHAD ("XHH" OR "COMPANY") FREE WARRANTS ISSUE

XIN HWA HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
XIN HWA HOLDINGS BERHAD ("XHH" OR "COMPANY")

FREE WARRANTS ISSUE

Unless otherwise stated, all capitalised terms set out herein shall have the same meanings as those set out in XHH’s announcements dated 9 November 2020, 18 November 2020, 27 November 2020 and 8 December 2020 in relation to the Free Warrants Issue.

 

On behalf of the Board, Kenanga IB wishes to announce that the exercise price of the Warrants has been fixed at RM0.33, representing a discount of RM0.08 or approximately 19.51% to the 5-day VWAMP of XHH Shares up to and including 24 December 2020, being the last trading day immediately preceding the price-fixing date of RM0.41 per XHH Share.

 

This announcement is dated 28 December 2020.






Announcement Info

Company Name XIN HWA HOLDINGS BERHAD
Stock Name XINHWA
Date Announced 28 Dec 2020
Category General Announcement for PLC
Reference Number GA1-28122020-00075




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