Additional Listing Announcement /Subdivision of Shares

18/08/2020

Additional Listing Announcement /Subdivision of Shares

XIN HWA HOLDINGS BERHAD

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Private Placement
Details of corporate proposal XIN HWA HOLDINGS BERHAD ("XHH" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 21,599,999 NEW ORDINARY SHARES IN XHH ("SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF XHH ("PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal 5,400,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.2700
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 221,399,998
Issued Share Capital ($$) Malaysian Ringgit (MYR) 109,457,999.000
Listing Date 19 Aug 2020


Remarks :
The 5,400,000 Shares represent the first (1st) tranche of the Private Placement which were allotted and issued pursuant to the Private Placement that was announced on 26 September 2018.


Announcement Info

Company Name XIN HWA HOLDINGS BERHAD
Stock Name XINHWA
Date Announced 18 Aug 2020
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-18082020-00006