Multiple Proposals

BackMay 26, 2016
Type Announcement
Subject MULTIPLE PROPOSALS
Description
YNH PROPERTY BHD ("YNH" OR THE "COMPANY")

(I)	PROPOSED BONUS ISSUE; 

(II)	PROPOSED ESS;

(III)	PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND

(IV)	PROPOSED AMENDMENT

(COLLECTIVELY REFERRED TO AS "PROPOSALS")

Unless otherwise stated, all definitions used in this announcement shall carry the same meaning as defined in the announcements dated 13 April 2016, 20 April 2016 and 26 May 2016 in relation to the Proposals.

We refer to the announcements dated 13 April 2016, 20 April 2016 and 26 May 2016 in relation to the Proposals.

On behalf of the Board, AmInvestment Bank wishes to announce that on 26 May 2016, an additional listing application has been submitted to Bursa Securities for the listing of and quotation for the following on the Main Market of Bursa Securities:-           

  1. up to 88,289,225 new YNH Shares to be issued pursuant to the Proposed Bonus Issue; and

  2. such number of new YNH Shares up to 15% of the issued and paid-up share capital of YNH (excluding treasury shares) at any one time which may be issued pursuant to the exercise of share options and/or grant of new YNH Shares under the Proposed ESS.

This announcement is dated 26 May 2016.





Announcement Info

Company Name YNH PROPERTY BERHAD
Stock Name YNHPROP
Date Announced 26 May 2016
Category General Announcement for PLC
Reference Number GA1-26052016-00061