YENHER-WA

0.120

-0.01 (-7.7%)

Listing Information & Profile

Profile for Securities of PLC

YENHER HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Yenher Holdings Berhad ("Yenher" or the "Company")

Bonus issue of 60,000,000 free warrants in Yenher ("Warrant(s)") on the basis of 1 Warrant for every 5 existing ordinary shares in Yenher held by the entitled shareholders of the Company on 13 August 2024
Listing Date 21 Aug 2024
Issue Date 16 Aug 2024
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 60,000,000
Maturity Mandatory
Maturity Date 15 Aug 2029
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 5.00   Year(s)
Revised Exercise/Conversion Period  
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   1.1000
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1 : 1
Revised Exercise/Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks : 
Each Warrant carries the entitlement to subscribe for 1 new Yenher Share at the exercise price of RM1.10 and at any time during the exercise period of 5 years as indicated above ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 30 July 2024 constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.


This announcement is dated 20 August 2024.

Announcement Info

Company Name YENHER HOLDINGS BERHAD
Stock Name YENHER-WA
Date Announced 20 Aug 2024
Category Listing Information and Profile
Reference Number LIP-20082024-00001


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