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


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