YB
Rights Issue
| YB VENTURES BERHAD |
| 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 | YB VENTURES BERHAD |
| 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 Selangor Malaysia Tel:0378900638 Fax:0378901032 |
| 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
| Company Name | YB VENTURES BERHAD |
| Stock Name | YB |
| Date Announced | 21 Jul 2021 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-17072021-00001 |
| Corporate Action ID | MY210717RHDI0001 |