Adjustment

[YINSON-C17] Adjustment on 26-May-2022

Announcement Date: 18-May-2022
Related Stock:
YINSON
YINSON HOLDINGS BHD
Share Registrar:
YINSON
YINSON HOLDINGS BHD
Amount

0.0000 : 0.0000

  • Ex Date
    26-May-2022
  • Entitlement Date
    27-May-2022
Description
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF YINSON HOLDINGS BERHAD ("YINSON") ("YINSON SHARES") ("YINSON-C17") PURSUANT TO A RENOUNCEABLE RIGHTS ISSUE OF UP TO 858,365,418 NEW ORDINARY SHARES IN YINSON SHARES ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM1.41 PER RIGHTS SHARE TOGETHER WITH UP TO 367,870,893 FREE DETACHABLE WARRANTS IN YINSON ("WARRANTS") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 5 EXISTING YINSON SHARES HELD AND 3 WARRANTS FOR EVERY 7 RIGHTS SHARES HELD AS AT 5.00 P.M. ON 27 MAY 2022 ("RIGHTS ISSUE")

About YINSON HOLDINGS BHD
Yinson Holdings is a transportation and logistics company domiciled in Malaysia. The company organises itself into two segments: marine and other operations. The marine segment, which generates the vast majority of revenue, leases, trades, and operates vessels; offers chartering for other floating marine assets; provides consulting services for ship management; and provides other marine-related services. The other operations segment makes investments, and offers business and management consultancy services.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:

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