YONGTAI
Rights Issue
| YONG TAI BERHAD |
| EX-date | 29 May 2015 |
| Entitlement date | 02 Jun 2015 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | RENOUNCEABLE RIGHTS ISSUE OF 80,230,000 NEW ORDINARY SHARES OF RM0.50 EACH IN YONG TAI BERHAD ("YONGTAI") ("RIGHTS SHARES") TOGETHER WITH 40,115,000 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) ORDINARY SHARE OF RM0.50 EACH HELD IN YONGTAI ("YONGTAI SHARE") TOGETHER WITH ONE (1) WARRANT FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED AT 5.00 P.M. ON 2 JUNE 2015 AT AN ISSUE PRICE OF RM0.50 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE WITH WARRANTS") |
| Period of interest payment | to |
| Financial Year End | 30 Jun 2015 |
| 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 46050 Petaling Jaya Selangor Darul Ehsan Telephone number: 03-7784 3922 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 02 Jun 2015 |
| 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) | 80,230,000 |
| Entitlement indicator | Ratio |
| Ratio | 2 : 1 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.500 |
| Par Value | Malaysian Ringgit (MYR) 0.500 |
| Remarks : |
The abridged prospectus together with the rights subscription form and the notice of provisional allotment (collectively referred to as "Documents") in relation to the Rights Issue with Warrants will be despatched on 4 June 2015 to the entitled shareholders of YONGTAI whose names appear on the Record of Depositors of YONGTAI on 2 June 2015. The Documents will not be registered under any legislation of any foreign jurisdiction, and the Rights Issue with Warrants will not be made or offered in any foreign jurisdiction. Accordingly, the Documents will not be sent to foreign entitled shareholders of YONGTAI:- (i) who do not have a registered address in Malaysia in the Record of Depositors; or (ii) who have not provided the Share Registrar with a registered address in Malaysia in writing not later than 5.00 p.m. on 2 June 2015, being the entitlement date for the Rights Issue with Warrants. This announcement is dated 18 May 2015. |
Announcement Info
| Company Name | YONG TAI BERHAD |
| Stock Name | YONGTAI |
| Date Announced | 18 May 2015 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-18052015-00006 |