Bonus Issue

[YONGTAI] Bonus Issue on 16-Aug-2022

Announcement Date: 02-Aug-2022
Related Stock:
YONGTAI
YONG TAI BHD
Share Registrar:
YONGTAI
YONG TAI BHD
FY: 30-Jun-2023
Amount

1.0000 : 4.0000

  • Ex Date
    16-Aug-2022
  • Entitlement Date
    17-Aug-2022
Description
BONUS ISSUE OF UP TO 103,098,378 FREE WARRANTS IN YTB ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 4 CONSOLIDATED SHARES ("YTB SHARE(S)" or "SHARE(S)") HELD BY THE ENTITLED SHAREHOLDERS ON 17 AUGUST 2022 ("ENTITLEMENT DATE") ("BONUS ISSUE OF WARRANTS")

About YONG TAI BHD
Yong Tai Bhd, through its subsidiaries, is engaged in the development of residential and commercial properties. The group has two reportable segments: Property development and Dyeing. Property development segment includes the development of residential and commercial properties; Dyeing segment is engaged in manufacturing and dyeing of fabric and related products. The company derives most of its revenue from Property development segment.

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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