XOX Networks reallocates RM 1.29 million in placement proceeds to working capital

Bitget2026/11/04 10:38

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

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: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

XOX Networks reallocates RM 1.29 million in placement proceeds to working capital

You may also like

Crypto prices