YB VENTURES BERHAD - ICULS 2021/2026

KLSE (MYR): YB-LA (5048LA)

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Last Price

0.015

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
Be the first to like this. Showing 4 of 4 comments

paperplane

huat huat ah

2021-09-13 12:34

firehawk

Description IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCK ("ICULS") ISSUED PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF RM48,361,671.80 NOMINAL VALUE OF FIVE (5)-YEAR, 0.10%, ICULS AT 100% OF ITS NOMINAL VALUE OF RM0.04 EACH ("RIGHTS ICULS") ON THE BASIS OF FIVE (5) RIGHTS ICULS FOR EVERY ONE (1) EXISTING ORDINARY SHARE IN YB VENTURES BERHAD ("YBVB") HELD AS AT 5.00 P.M. ON WEDNESDAY, 11 AUGUST 2021
Listing Date 10 Sep 2021
Issue Date 06 Sep 2021
Issue/ Ask Price Malaysian Ringgit (MYR) 0.0400
Issue Size in Currency Malaysian Ringgit (MYR) 48,361,671.8000
Maturity Mandatory
Maturity Date 05 Sep 2026
Coupon/Profit/Interest/Payment Rate 0.10% per annum
Coupon/Profit/Interest/Payment Frequency Annually
Exercise/Conversion Period 5.00 Year(s)
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) 0.4800
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 12:1
Mode of satisfaction of Exercise/ Conversion price Tendering of securities and/or cash

2021-09-13 15:00

firehawk

Remarks :
Based on the conversion price of RM0.48 ("Conversion Price"), the ICULS may be converted into new YBVB Shares in the following manner:-

(i) by surrendering nominal value of ICULS equivalent to the Conversion Price; or

(ii) by surrendering such number of ICULS together with cash such that in aggregate it amounts to the Conversion Price, subject to a minimum of one (1) ICULS and paying the difference between the aggregate value of the ICULS surrendered and the Conversion Price in cash for one (1) new YBVB Share.

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(i) 12LA
(ii) 1LA + 44sen

2021-09-13 15:01

jeffrey1166

Fly 0.10

2021-11-24 20:22

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