Adjustment

[YONGTAI-PA] Adjustment on 19-Jul-2022

Announcement Date: 19-Jul-2022
Related Stock:
YONGTAI-PA
YONG TAI BERHAD - ICPS 2016/2026
Share Registrar:
YONGTAI-PA
YONG TAI BERHAD - ICPS 2016/2026

FY: 30-Jun-2023

Amount

:

  • Ex Date
    29-Jul-2022
  • Entitlement Date
    01-Aug-2022


Description
ADJUSTMENTS TO THE CONVERSION PRICE AND CONVERSION RATIO OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN YONG TAI BERHAD ("YTB" OR "COMPANY") ("ICPS") PURSUANT TO THE CONSOLIDATION OF EVERY 5 EXISTING ORDINARY SHARES IN YTB ("YTB SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 1 AUGUST 2022 ("ENTITLEMENT DATE") INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

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 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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