Profile for Securities of PLC

Company Name YINSON HOLDINGS BERHAD
Stock Name YINSON-WA
Date Announced 27 Jun 2022
Category Listing Information and Profile
Reference Number LIP-25062022-00001

Instrument Category Securities of PLC
Instrument Type Warrants
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 858,365,418 NEW ORDINARY SHARES IN YHB (YHB SHARES OR SHARES) (RIGHTS SHARES) AT AN ISSUE PRICE OF RM1.41 PER RIGHTS SHARE TOGETHER WITH UP TO 367,870,893 FREE DETACHABLE WARRANTS IN YHB (WARRANTS) ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 5 EXISTING YHB SHARES HELD AS AT 5.00 P.M. ON 27 MAY 2022 AND 3 WARRANTS FOR EVERY 7 RIGHTS SHARES SUBSCRIBED ("RIGHTS ISSUE")
Listing Date 28 Jun 2022
Issue Date 22 Jun 2022
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 361,802,016
Maturity Mandatory
Maturity Date 21 Jun 2025
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 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   2.2900
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 entitles the registered holder to subscribe for one (1) new YHB Share in the share capital of YHB at any time during the exercise period (as indicated above) ("Exercise Period") at the exercise price of RM2.29, subject to adjustments in accordance with the provisions of the deed poll constituting the Warrants dated 12 May 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 27 June 2022.


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