YB-WA

0.025

(%)

Listing Information & Profile

Profile for Securities of PLC

YB VENTURES BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
BONUS ISSUE OF 145,250,984 FREE WARRANTS IN YB VENTURES BERHAD ("YBVB") ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) EXISTING ORDINARY SHARES IN YBVB HELD AS AT 5:00 P.M. ON 21 SEPTEMBER 2022 ("BONUS ISSUE OF WARRANTS")
Listing Date 28 Sep 2022
Issue Date 26 Sep 2022
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 145,250,984
Maturity Mandatory
Maturity Date 25 Sep 2025
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.3700
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks : 
Each Warrant carries the entitlement to subscribe for one (1) new ordinary share in YBVB at the exercise price of RM0.37 and at any time during the exercise period of three (3) years as indicated above ("Exercise Period"), subject to the adjustments in accordance with the provisions of the deed poll dated 5 September 2022 constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 27 September 2022.

Announcement Info

Company Name YB VENTURES BERHAD
Stock Name YB-WA
Date Announced 27 Sep 2022
Category Listing Information and Profile
Reference Number LIP-23092022-00001


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