Date of change 01/11/2013
Name Yeoh Eng Kong
Age 44
Nationality Malaysian
Designation Director
Directorate Independent & Non Executive
Type of change Resignation
Reason Due to other work and personal commitment which require his full attention.

The Board of Directors of XOX Bhd (“XOX” or “the Company”) wishes to announce that the Company will not be able to issue its Audited Financial Statements for the financial year ended 30 June 2013 (“AFS”) by 31 October 2013 i.e. within a period of not more than 4 months from the close of the financial year (“Relevant Timeframe”) to Bursa Malaysia Securities Berhad (“Bursa Securities”) as required under Paragraph 9.23(2) of Bursa Securities ACE Market Listing Requirements.

The reason for failing to issue the AFS within the Relevant Timeframe is due to the requirement by the Company’s auditors for additional documentation pertaining to discounts/rebates which was recently granted by a major trade creditor.

In view of the above, the expected date of issuance of the AFS is on or before 8 November 2013.

If the Company fails to issue the AFS within 5 market days after the expiry of the Relevant Timeframe i.e. 8 November 2013 (the last day of this 5 market day period shall hereinafter be referred as the “Suspension Deadline”), in addition to any enforcement action that the Bursa Securities may take, Bursa Securities shall suspend trading in the securities of XOX.

The suspension shall be effected on the market day after the expiry of the Suspension Deadline and will be uplifted on the market day following issuance of the AFS unless otherwise determined by Bursa Securities. As such, the suspension will be effected on 11 November 2013.

If the Company fails to issue the AFS within 6 months from the expiry of the Relevant Timeframe, in addition to any enforcement action that the Bursa Securities may take, de-listing procedures shall be commenced against XOX.

This announcement is dated 31 October 2013.

The above Company has failed to submit its annual audited accounts for financial year ended 30 June 2013 ("2013 AAA") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 31 October 2013, pursuant to Rule 9.23(2) of Bursa Securities' ACE Market Listing Requirements ("LR").

Pursuant to Rule 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframe stated in Rule 9.23(2) of the LR ("Relevant Timeframe") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in the event XOX Berhad is unable to submit the 2013 AAA on or before Friday, 8 November 2013, the trading in the above Company's shares will be suspended with effect from 9.00 a.m., Monday, 11 November 2013 until further notice.

Pursuant to Rule 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the Relevant Timeframe, in addition to any enforcement action that Bursa Securities may take, de-listing procedures shall be commenced against such listed issuer.

Further to Listing Circular No. 69159 OF 2013, kindly be advised that the above Company has on 8 November 2013 submitted its outstanding annual audited accounts for financial year ended 30 June 2013 to Bursa Malaysia Securities Bhd. ("Bursa Securities") for public release pursuant to Paragraph 9.23(2) of the ACE Market Listing Requirements.

In view of the above, kindly be advised that there will be no suspension of trading in the above Company's shares.

Bursa website

Variance between Audited and Unaudited Results for the Financial Year Ended 30 June 2013

http://www.bursamalaysia.com/market/listed...cements/1456697

Quarterly rpt on consolidated results for the financial period ended 30/9/2013
http://www.bursamalaysia.com/market/listed...cements/1467525

PROPOSED PRIVATE PLACEMENT OF UP TO 30,200,000 NEW ORDINARY SHARES OF RM0.10 EACH IN XOX TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED (“PROPOSED PRIVATE PLACEMENT”)
http://www.bursamalaysia.com/market/listed...cements/1474589

Any progress on the capital reduction exercise?

Avoid tis counter coz it will consolidate from 2 shares @ 0.05 each to 1 share @ 0.10 each plus will squeeze shareholders for RI on 1:1 @ 0.10

Think of increase in subscriber base But didn't take into account Churn

I may consider to give a try on XOX products but not the counter

New substantial shareholder emerges in XOX
http://www.focusmalaysia.my/Markets/New%20...rges%20in%20XOX

Price up due to insider info?

Trap short sellers?

Congrats on yo investments
Btw, any counter to recommend?

Y waste time monitor tis stock knowing the risk
Instead shld search for next XOX

No of shares held remain unchanged b4 n after par value reduction

U r rite as x date on 13/11

Another announcement in the pipeline

The uptrend commenced in mid Oct 2015
As at end Sep 2015, price was 8 cents ony