CIRCULAR TO SHAREHOLDERS IN RELATION TO:- (I) PROPOSED BONUS ISSUE OF UP TO 88,289,225 NEW ORDINARY SHARES OF RM1.00 EACH IN YNH PROPERTY BHD ("YNH" OR THE "COMPANY") ("BONUS SHARES") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY FIVE (5) EXISTING ORDINARY SHARES OF RM1.00 EACH IN YNH ("YNH SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF YNH ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE"); (II) PROPOSED ESTABLISHMENT OF A NEW EMPLOYEES' SHARE SCHEME INVOLVING UP TO 15% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF YNH (EXCLUDING TREASURY SHARES) AT ANY ONE TIME TO ELIGIBLE DIRECTORS AND EMPLOYEES OF YNH AND ITS SUBSIDIARIES WHICH ARE NOT DORMANT ("PROPOSED ESS"); (III) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL OF THE COMPANY FROM RM500,000,000 COMPRISING 500,000,000 YNH SHARES TO RM1,000,000,000 COMPRISING 1,000,000,000 YNH SHARES ("PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL"); AND (IV) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF YNH TO FACILITATE THE PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL ("PROPOSED AMENDMENT")

Attachments

1. YNH_Property_Bhd_-_Circular_(12_July_2016).pdf (Size: 1,018,921 bytes)