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RENOUNCEABLE RIGHTS ISSUE OF UP TO 858,365,418 NEW ORDINARY SHARES IN YHB (YHB SHARES OR SHARES) (RIGHTS SHARES) AT AN ISSUE PRICE OF RM1.41 PER RIGHTS SHARE TOGETHER WITH UP TO 367,870,893 FREE DETACHABLE WARRANTS IN YHB (WARRANTS) ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 5 EXISTING YHB SHARES HELD AS AT 5.00 P.M. ON 27 MAY 2022 AND 3 WARRANTS FOR EVERY 7 RIGHTS SHARES SUBSCRIBED ("RIGHTS ISSUE")
Each Warrant entitles the registered holder to subscribe for one (1) new YHB Share in the share capital of YHB at any time during the exercise period (as indicated above) ("Exercise Period") at the exercise price of RM2.29, subject to adjustments in accordance with the provisions of the deed poll constituting the Warrants dated 12 May 2022. Any Warrants which are not exercised during the Exercise Period will thereafter lapse and cease to be valid and shall be cancelled and treated to have been cancelled forthwith. This announcement is dated 27 June 2022.