Bonus Issue

BackAug 19, 2016

 

EX-date 01 Sep 2016
Entitlement date 05 Sep 2016
Entitlement time 05:00 PM
Entitlement subject Bonus Issue
Entitlement description Bonus issue of up to 88,289,225 new ordinary shares of RM1.00 each in YNH Property Bhd ("YNH" or the "Company") ("YNH Shares") ("Bonus Shares") on the basis of one (1) Bonus Share for every five (5) existing YNH Shares held by the shareholders of YNH whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 5 September 2016 ("Entitlement Date") ("Entitled Shareholders") ("Bonus Issue")
Period of interest payment   to  
Financial Year End
Share transfer book & register of members will be   to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no Symphony Share Registrars Sdn. Bhd. Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya, Selangor, Malaysia Tel: +6(03) 7841 8000 Fax: +6(03) 7841 8151 / 8152
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 05 Sep 2016
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator Ratio
Ratio 1 : 5
Rights Issue/Offer Price
Par Value Malaysian Ringgit (MYR) 1.000

 


Remarks :

The Bonus Issue entails the issuance of up to 88,289,225 Bonus Shares to be credited as fully paid-up on the basis of one (1) Bonus Share for every five (5) existing YNH Shares held by the Entitled Shareholders. The actual number of Bonus Shares to be issued will depend on the issued and paid-up share capital of YNH (excluding treasury shares) on the Entitlement Date.

The listing and quotation for the Bonus Shares shall take place on 6 September 2016, being one (1) market day immediately after the Entitlement Date.

Notices of allotment for the Bonus Shares will be issued and despatched to the Entitled Shareholders by the Share Registrar of YNH not later than four (4) market days after the date of listing and quotation for the Bonus Shares on the Main Market of Bursa Malaysia Securities Berhad.

This announcement is dated 19 August 2016.

 


Announcement Info

Company Name YNH PROPERTY BERHAD
Stock Name YNHPROP
Date Announced 19 Aug 2016
Category Entitlement(Notice of Book Closure)
Reference Number ENT-19082016-00003