The ICPS holders shall have the right to convert the ICPS into new YTB Shares based on the Conversion Price, at the option of the ICPS holder, at any time on any market day from 28 November 2019, being the 3rd anniversary of the date of issue of the ICPS, up to and including the Maturity Date.
The Company shall have the sole discretion to decide whether to declare any non-cumulative dividend and the quantum of such dividend, provided always that if dividends are declared to its ordinary shareholders, then dividends in respect of the ICPS shall be paid to the ICPS holders in preference.
Travel Agent | Ticket | Target Market |
Majestic Express Holidays | 500,000 | China |
Apple Impression Holiday | 200,000 | Malaysia |
Levingo Travel | 100,000 | Malaysia |
Shanghai Ctrip International Travel Service Co | 100,000 | China |
Coachliner 707 Travel & Tour | 50,000 | Singapore |
WTS Travel & Tours | 50,000 | Singapore |
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Created by bursastocktalk | Jun 01, 2023