Highlights
KLSE: YONGTAI-PA (7066PA)       YONG TAI BERHAD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.175   +0.005 (2.94%)  0.17 - 0.175  136,700

Overview

Type:Preference Shares
Sector:
Listing Date:Dec 01, 2016
Maturity Date:Nov 27, 2026
Issue Size:216,034,494
Exercise Price:MYR 0.80
Ratio: 1:1
Underlying Stock:YONGTAI
Avg Volume (4 weeks):224,994
4 Weeks Range:0.155 - 0.20
52 Weeks Range:0.155 - 0.685

Additional Info

Announcement: [Nov 30, 2016] Profile for Securities of PLC
Issuer:-
Description:Yong Tai Berhad ("YTB" or "Company") (I) Special issue of 200,000,000 new irredeemable convertible preference shares of RM0.80 each in YTB ("ICPS") at an issue price of RM0.80 each to Impression Culture Asia Limited ("Special Issue of ICPS"); and (II) Bonus issue of 16,034,494 new ICPS on the basis of one (1) new ICPS for every ten (10) ordinary shares of RM0.50 each in YTB ("YTB Shares") held by the shareholders of the Company on 24 November 2016 ("Bonus Issue of ICPS")
Trade this stock for as low as 0.05% brokerage. Find out more.

  sibehkeng likes this.
 
lai81533 Cheap and good
08/04/2017 1:48 AM
lai81533 Convert 1 to 1
08/04/2017 1:48 AM
lai81533 3 years time
08/04/2017 1:48 AM
skywolf does it mean no need to fork out single cent for conversion? tq.
05/01/2018 4:50 PM
LAC8188 pa ....2026 convertible.0.80/share... 1-1
12/01/2018 6:08 PM
verbatin1969 what is the interest coupon for this PA? I went to Bursa website and could not find anything. it mention :

"The Company have the sole discretion to decide whether to declare any non-cumulative dividend to the holders of ICPS. They do not have the right to participate in any additional distributions declared for ordinary shareholders"

Does this means this is not usual type of PA where no interests coupon will be paid? and they only declare dividend and this is at the discretion of the company? which also mean unlikely to receive any dividend too?
19/02/2018 12:24 PM
Benjamin6262 When will the conversion happen?
20/02/2018 11:46 AM
CL Hooi can anyone enlighten me as to the conversion price of RM0.80 sen.
1. Does that means we need to pay additional to convert?
2. Assuming that the shareholders converts, what is the dilution effects on the mother shares?

Thank you
02/04/2018 4:00 PM
jaynetan its PA , ONE PA into one mother share nov/2019
02/07/2018 8:58 PM
tnang based on maybank online stock. 5% dividend
08/08/2018 9:23 AM
Jordan Khoo Good price
13/08/2018 11:48 AM
Wendy Yap Why prices drop so much 1.05? Will drop until 0.70?
24/08/2018 10:45 AM
dolcegusto Wow..price below mother share, it's time to accumulate like a fixed deposit due on Nov 2019
30/08/2018 8:20 AM
dolcegusto Collected at 0.70
05/09/2018 9:38 AM
Kris Wong PA almost at all time low now 0.20 compared with all time low share price 0.30, share price now 0.36, buy more PA @0.20 targetted for conversion to share commencing in November 2019, 1 to 1 basis, no need to pay a single sen extra for conversion !!! Conversion discount now very attractive at 45% !!!
07/03/2019 3:54 PM
TwoThree Brick where can we check that the conversion is 1 to 1 basis without any fee?
19/04/2019 8:18 AM
Kris Wong Please call the Share Registrar or better still the Company Secretary to confirm conversion is 1 to 1 without any further payment except for normal conversion fee of RM20 per conversion with conversion period commencing from November 2019 onwards !!!
19/04/2019 9:53 AM
Ming pa can 1:1 get?
like this discount very big
19/04/2019 4:11 PM
Kris Wong Yes its true. Conversion discount is now still very attractive at 34%, too big to ignore !!!
19/04/2019 5:06 PM
Kris Wong With the further special share issue of 400M@36 sen by second half 2019, it will even be more interesting for PA now at 25 sen from now to conversion period starting from 28 November this year !!! Conversion discount now still significant n attractive at around 30% !!!
18/05/2019 8:25 PM
Lol if that time mother share become rm 0.20 ? Still worth to buy this?
09/06/2019 6:27 PM
Kris Wong What IF at that time, the mother shares become RM0.40 ?
10/06/2019 3:27 PM
nhchew Kris, besides calling the company secretary, is there any document posted for investor's knowledge with regard to the conversion 1 to 1 without any further payment....
28/06/2019 2:58 PM
Kris Wong Can also call the Share Registrar to confirm. If can, also get them to email u the CONVERSION FORM provided they already drafted it out as the conversion on a 1 to 1 basis without any further payment can only be done from 28 November this year !!! ( note : no further payment is needed as this PA (convertible preference share) is already fully paid and issued at 80 sen and the conversion price is also 80 sen to convert to ordinary share, therefore no need further payment for conversion)
30/06/2019 12:19 AM
nhchew Kris, thankyou
01/07/2019 9:37 AM


 

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