NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING YONG TAI BERHAD ("YTB" OR "COMPANY") SPECIAL ISSUE OF UP TO 400,000,000 NEW ORDINARY SHARES IN YTB ("SPECIAL ISSUE")

YONG TAI BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
YONG TAI BERHAD ("YTB" OR "COMPANY")

SPECIAL ISSUE OF UP TO 400,000,000 NEW ORDINARY SHARES IN YTB ("SPECIAL ISSUE")

Unless otherwise defined, the definitions set out in the announcement dated 17 May 2019 shall apply herein.

 

On behalf of the Board of Directors of YTB, M&A Securities Sdn Bhd is pleased to announce that the Company has fixed the second tranche issue price of the Special Issue Shares at RM0.235 per Special Issue Share to be issued pursuant to the Special Issue.

 

The aforementioned issue price of RM0.235 per Special Issue Share represents a discount of approximately 8.91% or RM0.023 to the five (5)-day volume weighted average market price of YTB Shares from 16 August 2019 to 22 August 2019 of approximately RM0.258.

 

This announcement is dated 23 August 2019.






Announcement Info

Company Name YONG TAI BERHAD
Stock Name YONGTAI
Date Announced 23 Aug 2019
Category General Announcement for PLC
Reference Number GA1-23082019-00047