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Bonus Issue

XIN HWA HOLDINGS BERHAD

Entitlement subject Bonus Issue
Entitlement description
Issuance of 110,699,999 free warrants in Xin Hwa Holdings Berhad ("XHH") ("Warrants") on the basis of 1 Warrant for every 2 ordinary shares in XHH held as at 5.00 p.m. on 13 January 2021 ("Free Warrants Issue")
Shareholder's Approval Yes
Ex-Date 12 Jan 2021
Entitlement date 13 Jan 2021
Entitlement time 5:00 PM
Financial Year End 31 Mar 2021
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 13 Jan 2021
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)
110,699,999
Entitlement indicator Ratio
Par Value (if applicable)

Securities Entitlement
Company Name
XIN HWA HOLDINGS BERHAD
Entitlement
Warrants
Ratio (New : Existing) 1.0000 : 2.0000
Available/Listing Date 25 Jan 2021
Fractional Entitlement Round Down / Fraction Disregard

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

Wilayah Persekutuan

Malaysia

Tel:0327839299
Fax:0327839222


Remarks :
The Warrants will be credited into the central depository system accounts of the entitled shareholders of XHH ("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 XHH prior to the date of listing and quotation of the Warrants. 

The Warrants will be listed and quoted on the Main 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 29 December 2020.


Announcement Info

Company Name XIN HWA HOLDINGS BERHAD
Stock Name XINHWA
Date Announced 29 Dec 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-29122020-00006
Corporate Action ID MY201229BONU0002




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