YONGTAI-WB

0.025

(%)

Listing Information & Profile

Profile for Securities of PLC

YONG TAI BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
BONUS ISSUE OF 71,523,013  FREE WARRANTS IN YONG TAI BERHAD ("YTB") ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 4 ORDINARY SHARES IN YTB ("YTB SHARE(S)" or "SHARE(S)") HELD BY THE ENTITLED SHAREHOLDERS ON 17 AUGUST 2022 ("ENTITLEMENT DATE") ("BONUS ISSUE OF WARRANTS")
Listing Date 01 Sep 2022
Issue Date 23 Aug 2022
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 71,523,013
Maturity Mandatory
Maturity Date 22 Aug 2027
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 5.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.3870
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks : 
Each Warrant carries the entitlement to subscribe for 1 new YTB Share at any time during
the exercise period as indicated above ("Exercise Period") at the exercise price of RM0.3870,
subject to the adjustments in accordance with the provisions of the deed poll constituting
the Warrants dated 4 August 2022. Any Warrants which are not exercised during the
Exercise Period will thereafter lapse and cease to be valid and shall be cancelled and
treated to have been cancelled forthwith.

This announcement is dated 30 August 2022.

Announcement Info

Company Name YONG TAI BERHAD
Stock Name YONGTAI-WB
Date Announced 30 Aug 2022
Category Listing Information and Profile
Reference Number LIP-30082022-00001


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