YGL
Bonus Issue
| YGL CONVERGENCE BERHAD |
|
EX-date | 12/02/2008 |
| Entitlement date | 14/02/2008 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | BONUS ISSUE OF 72,717,000 NEW ORDINARY SHARES OF RM0.10 EACH IN YGL CONVERGENCE BERHAD ("YGL SHARE") TO BE ISSUED AND CREDITED AS FULLY PAID-UP TO THE SHAREHOLDERS OF YGL CONVERGENCE BERHAD ON THE BASIS OF ONE (1) NEW YGL SHARE FOR EVERY ONE (1) EXISTING YGL SHARE HELD ("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 entitlements |
| Registrar's name ,address, telephone no | SECURITIES SERVICES (HOLDINGS) SDN BHD SUITE 18.05, MWE PLAZA, NO. 8, LEBUH FARQUHAR, 10200 PENANG TEL : 04-2631 966 |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 14/02/2008 |
| 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 : 1 |
| Rights Issues/Offer Price | |
| Remarks : |
| The Bonus Issue entails the issuance of 72,717,000 new Ygl Shares to be issued and credited as fully paid-up to shareholders of Ygl Convergence Berhad ("Ygl") on the basis of one (1) new Ygl Share for every one (1) existing Ygl Share held in Ygl, whose names appear in the Record of Depositors at 5.00 p.m. on 14 February 2008 ("Entitlement Date"). The date of listing and quotation for the 72,717,000 new Ygl Shares shall be 15 February 2008, being the next market day following the Entitlement Date. The Share Registrar of Ygl will issue and despatch notices of allotment to all entitled shareholders by 21 February 2008. This announcement is dated 25 January 2008. |
Announcement Info
| Company Name | YGL CONVERGENCE BERHAD (MESDAQ Market) |
| Stock Name | YGL |
| Date Announced | 25 Jan 2008 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | O&-080124-71991 |