YB
Bonus Issue
| YB VENTURES BERHAD |
| Entitlement subject | Bonus Issue |
| Entitlement description | Bonus Issue of up to 749,319,778 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") |
| Shareholder's Approval | No |
| Ex-Date | 20 Sep 2022 |
| Entitlement date | 21 Sep 2022 |
| Entitlement time | 5:00 PM |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Securities Crediting Date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 21 Sep 2022 |
| 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 |
| Par Value (if applicable) | |
| Securities Entitlement | |
| Company Name |
YB VENTURES BERHAD |
| Entitlement |
Warrants |
| Ratio (New : Existing) | 1.0000 : 2.0000 |
| Available/Listing Date | 28 Sep 2022 |
| Fractional Entitlement | |
| Registrar or Service Provider name, address, telephone no |
ALDPRO CORPORATE SERVICES SDN BHD Level 5, Block B, Dataran PHB Saujana Resort, Section U2 40150 Shah Alam Selangor Malaysia Tel:0378900638 Fax:0378901032 |
| Remarks : |
Unless otherwise defined, the abbreviations and definitions used throughout this announcement shall have the same meaning as those defined in the Company's circular in relation to the Bonus Issue of Warrants dated 22 April 2022. The Warrants will be credited into the Entitled Shareholders' central depository system accounts and notices of allotment will be issued and despatched to the Entitled Shareholders at the address as per the Record of Depositors of YBVB within eight (8) market days from the Entitlement Date. Entitled Shareholders are not required to take any action. The Warrants will be listed and quoted on the Main Market of Bursa Securities within two (2) market days after an application for the quotation of the Warrants is submitted to Bursa Securities. In addition, on behalf of the Company, we wish to announce that the Deed Poll has been executed today. This announcement is dated 5 September 2022. |
Announcement Info
| Company Name | YB VENTURES BERHAD |
| Stock Name | YB |
| Date Announced | 05 Sep 2022 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-01092022-00001 |
| Corporate Action ID | MY220901BONU0001 |