After recent shares consolidation, directors start to issue new shares for debt settlement
========== ISSUANCE OF 92,000,000 NEW YONG TAI BERHAD ("YTB") SHARES TO SETTLE A TOTAL OF RM46,000,000 DEBT OWING TO CREDITORS BY YTB AND/OR ITS SUBSIDIARIES ("DEBT SETTLEMENT")
No. of shares issued under this corporate proposal 92,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.5000 Latest issued share capital after the above corporate proposal in the following Units 378,097,001 Listing Date 15 Sep 2022
=================== Expect directors to raise more fund via shares issuance for PP, ESOS, debt settlement, etc in near future Expect NOSH to increase, resulting in dilution of shareholders equity % and EPS
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