Bonus Issue

[YB] Bonus Issue on 20-Sep-2022

Announcement Date: 05-Sep-2022
Related Stock:
YB
YB VENTURES BERHAD
Share Registrar:
YB
YB VENTURES BERHAD
Amount

1.0000 : 2.0000

  • Ex Date
    20-Sep-2022
  • Entitlement Date
    21-Sep-2022
Description
Bonus Issue of up to 749,319,778 free warrants in YB Ventures Berhad ("YBVB") ("Warrants") on the basis of one (1) Warrant for every two (2) existing ordinary shares in YBVB held as at 5.00 p.m. on 21 September 2022 ("Bonus Issue of Warrants")

About YB VENTURES BERHAD
YB Ventures Berhad is a Malaysia-based investment holding company. The Company, through its subsidiaries, is engaged in the manufacture and sale of ceramic and homogeneous tiles, and trading and distribution of tiles. The Company produces tiles under its brand, ALPHA TILES for residential, commercial and industrials developments in both cities and rural areas. The Company offers over three types of tiles, namely homogenous, porcelain and ceramic for use on the wall and floor and are offered in a range of sizes, from 300mm x 300mm to the larger 600mm x 600mm tiles. It also owns tile brand, namely, Talos Living Tiles (Talos), which includes nano-glazing technology, that generate continuous release of negative ions to cleanse the surrounding air from harmful contaminants. It is also engaged in the business of Internet technology that offers information technology (IT) solutions, which specializes in blockchain technology solutions and system integration 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:

Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment