General Announcement for PLC

09/11/2020

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING XIN HWA HOLDINGS BERHAD ("XHH" OR "COMPANY") PROPOSED ISSUANCE OF 110,699,999 FREE WARRANTS IN XHH ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 ORDINARY SHARES IN XHH HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED FREE WARRANTS ISSUE")

XIN HWA HOLDINGS BERHAD

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

PROPOSED ISSUANCE OF 110,699,999 FREE WARRANTS IN XHH ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 ORDINARY SHARES IN XHH HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED FREE WARRANTS ISSUE")

On behalf of the Board of Directors of XHH, Kenanga Investment Bank Berhad wishes to announce that the Company proposes to undertake the Proposed Free Warrants Issue.

 

Please refer to the attachment for further details.

 

This announcement is dated 9 November 2020.




Please refer attachment below.



Announcement Info

Company Name XIN HWA HOLDINGS BERHAD
Stock Name XINHWA
Date Announced 09 Nov 2020
Category General Announcement for PLC
Reference Number GA1-09112020-00061


Related Announcements for XINHWA
Date Title
27/07/2022 MULTIPLE PROPOSALS XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY") I. ACQUISITION; AND II. DIVERSIFICATION
09/06/2022 MULTIPLE PROPOSALS XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY") I. PROPOSED ACQUISITION; AND II. PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
24/05/2022 MULTIPLE PROPOSALS XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY") I. PROPOSED ACQUISITION; AND II. PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
10/05/2022 MULTIPLE PROPOSALS XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY") I. PROPOSED ACQUISITION; AND II. PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
01/04/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY") PRIVATE PLACEMENT
21/10/2021 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY") DISPOSAL BY XIN HWA TRADING & TRANSPORT SDN BHD ("XHTT" OR THE "VENDOR"), A WHOLLY-OWNED SUBSIDIARY OF XHH OF THE SUBJECT PROPERTIES (AS DEFINED HEREIN) TO RHB TRUSTEES BERHAD ACTING AS THE TRUSTEE FOR AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") ("RHB TRUSTEES" OR THE "PURCHASER"), FOR A TOTAL DISPOSAL CONSIDERATION OF RM75,000,000 TO BE SATISFIED ENTIRELY IN CASH, AND THE SUBSEQUENT LEASEBACK OF THE SUBJECT PROPERTIES BY XHTT
15/10/2021 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY") ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTION SCHEME OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF XHH (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME DURING THE TENURE OF THE SCHEME ("ESOS")
04/10/2021 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY") PRIVATE PLACEMENT
27/09/2021 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY") PRIVATE PLACEMENT
09/09/2021 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING XIN HWA HOLDINGS BERHAD ("XHH" OR THE "COMPANY") PRIVATE PLACEMENT