XL-WB

0.145

-0.005 (-3.3%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-23102024-00001

XL HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
BONUS ISSUE OF 217,727,850 WARRANTS IN XL HOLDINGS BERHAD ("XLHB" OR "COMPANY") ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN XLHB HELD AS AT 5:00 P.M. ON 15 OCTOBER 2024 ("BONUS ISSUE OF WARRANTS")
Listing Date 24 Oct 2024
Issue Date 17 Oct 2024
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 217,727,850
Maturity Mandatory
Maturity Date 16 Oct 2027
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.5300
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks : 
Each Warrant carries the entitlement to subscribe for 1 new ordinary share in XLHB at the exercise price (as indicated above) and at any time during the exercise period (as indicated above) (Exercise Period) subject to the adjustments in accordance with the provisions of the deed poll dated 1 October 2024, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. 

If the maturity date of Warrants falls on a non-market day, then it will fall on the preceding market day.

The amendment was made to the Exercise/Conversion Ratio field of the announcement. 

This announcement is dated 24 October 2024.

Announcement Info

Company Name XL HOLDINGS BERHAD
Stock Name XL-WB
Date Announced 24 Oct 2024
Category Listing Information and Profile
Reference Number LIP-24102024-00001


View original announcement