YONGTAI
Bonus Issue
YONG TAI BERHAD |
EX-date | 22 Nov 2016 |
Entitlement date | 24 Nov 2016 |
Entitlement time | 05:00 PM |
Entitlement subject | Bonus Issue |
Entitlement description | Bonus issue of up to 20,046,000 new irredeemable convertible preference shares of RM0.80 each in Yong Tai Berhad ("YTB") ("ICPS") on the basis of one (1) new ICPS for every ten (10) existing ordinary shares of RM0.50 each in YTB ("YTB Shares") held by the shareholders of YTB whose names appear in YTB's Record of Depositors at 5.00 p.m. on 24 November 2016 ("Entitlement Date") excluding Impression Culture Asia Limited ("Entitled Shareholders") ("Bonus Issue of ICPS") |
Period of interest payment | to |
Financial Year End | 30 Jun 2017 |
Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
Registrar or Service Provider name, address, telephone no | BINA MANAGEMENT (M) SDN BHD Lot 10, The Highway Centre Jalan 51/205 46050Petaling Jaya Tel:0377843922 Fax:0377841988 |
Payment date | |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 24 Nov 2016 |
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) | |
Entitlement indicator | Ratio |
Ratio | 1 : 10 |
Rights Issue/Offer Price | |
Par Value | Malaysian Ringgit (MYR) 0.800 |
Remarks : |
The actual number of ICPS to be issued will depend on the number of YTB Shares issued and paid-up as at the Entitlement Date. Holders of the warrants 2015/2020 in YTB ("Warrants") who wish to be entitled to the Bonus Issue of ICPS should exercise their Warrants by lodging their duly completed exercise forms together with the subscription monies with the Share Registrar of YTB on or before 5.00 p.m. on 14 November 2016 for their names to appear in the Record of Depositors as at 5.00 p.m. on the Entitlement Date. The ICPS will be credited into the shareholders central depository system account and a notice of allotment for the ICPS will be issued and despatched to the Entitled Shareholders at the address recorded in YTB's Record of Depositors prior to the listing of and quotation for the ICPS. Entitled Shareholders are not required to take any action. The ICPS will be quoted within two (2) market days after the submission of the application for quotation of the ICPS to Bursa Malaysia Securities Berhad. This announcement is dated 10 November 2016. |
Announcement Info
Company Name | YONG TAI BERHAD |
Stock Name | YONGTAI |
Date Announced | 10 Nov 2016 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-09112016-00003 |