Rights Issue


Entitlement subject Rights Issue
Type Renounceable
Entitlement description
Renounceable rights issue of up to RM48,523,305 nominal value of five (5)-year, 0.10%, irredeemable convertible unsecured loan stocks at 100% of the nominal value of RM0.04 each ("Rights ICULS") on the basis of five (5) Rights ICULS for every one (1) ordinary share in YB Ventures Berhad (formerly known as Yi-Lai Berhad) ("YBVB") held at 5.00 p.m. on 11 August 2021 ("Rights Issue")
Ex-Date 09 Aug 2021
Entitlement date 11 Aug 2021
Entitlement time 5:00 PM
Share transfer book & register of members will be  to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 11 Aug 2021
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.0400
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name
Entitlement Loan Rights
Ratio (New:Existing) 5.0000  : 1.0000
Rights Crediting Date 11 Aug 2021
Fractional Entitlement Round Down / Fraction Disregard
Registrar or Service Provider name, address, telephone no BOARDROOM.COM SDN BHD
Level 5, Block B, Dataran PHB
Saujana Resort, Section U2

40150 Shah Alam




Remarks :
The Abridged Prospectus, together with the Notice of Provisional Allotment of Rights ICULS and the Rights Subscription Form (collectively referred to as the "Documents") in relation to the Rights Issue will only be despatched to the shareholders whose names appear on the Record of Depositors at 5.00 p.m. on 11 August 2021 ("Entitled Shareholders"). The Documents will be despatched to the Entitled Shareholders on 13 August 2021.

The Documents will only be sent to the Entitled Shareholders who have a registered address or an address for service in Malaysia. Entitled Shareholders who do not have a registered address or an address for service in Malaysia and wish to change their address to Malaysia should inform their respective stockbrokers to effect the change of address by 5.00 p.m. on 11 August 2021.

This announcement is dated 21 July 2021.

Announcement Info

Stock Name YB
Date Announced 21 Jul 2021
Category Entitlement(Notice of Book Closure)
Reference Number ENT-17072021-00001
Corporate Action ID MY210717RHDI0001

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