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XOX Networks reallocates RM 1.29 million in placement proceeds to working capital
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XOX Networks reallocates RM 1.29 million in placement proceeds to working capital
  • XOX Networks plans to redirect RM 1.29 million in remaining private placement proceeds from a digital media platform to working capital.
  • The funds will support event management and equipment leasing operations, with full utilization planned by December 28, 2027.
  • Planned allocations comprise RM 293,000 for staff costs and RM 1 million for other operating expenses.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XOX Networks Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3722198) on November 04, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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