YONGTAI

0.225

-0.005 (-2.2%)

MULTIPLE PROPOSALS YONG TAI BERHAD ("YTB" OR THE "COMPANY") (i) SHARE CONSOLIDATION; (ii) BONUS ISSUE OF WARRANTS; AND (iii) DEBT SETTLEMENT. (COLLECTIVELY "PROPOSALS")

YONG TAI BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
YONG TAI BERHAD ("YTB" OR THE "COMPANY")

(i)	SHARE CONSOLIDATION;
(ii)	BONUS ISSUE OF WARRANTS; AND
(iii)	DEBT SETTLEMENT.

(COLLECTIVELY "PROPOSALS")

(Unless otherwise defined, the definitions set out in the announcements in relation to the Proposals shall apply herein)

 

On behalf of the Board, M&A Securities is pleased to inform that Proposals has been completed following:

 

  1. the listing and quotation of 285,512,129 Consolidated Shares on the Main Market of Bursa Securities on 2 August 2022 pursuant to the Share Consolidation;
  2. listing of and quotation of 71,523,013 Warrants on the Main Market of Bursa Securities on 1 September 2022 pursuant to the Bonus Issue of Warrants; and
  3. listing and quotation of 92,000,000 new YTB shares on the Main Market of Bursa Securities on 15 September 2022 pursuant to the Debt Settlement.

 

This announcement is dated 15 September 2022.






Announcement Info

Company Name YONG TAI BERHAD
Stock Name YONGTAI
Date Announced 15 Sep 2022
Category General Announcement for PLC
Reference Number GA1-15092022-00058