NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES YENHER HOLDINGS BERHAD ("YENHER" OR THE "COMPANY") PROPOSED BONUS ISSUE OF WARRANTS

YENHER HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
BONUS ISSUES
Description
YENHER HOLDINGS BERHAD ("YENHER" OR THE "COMPANY")

PROPOSED BONUS ISSUE OF WARRANTS

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposed Bonus Issue of Warrants.

We refer to the earlier announcements dated 31 May 2024 and 18 June 2024 in relation to the Proposed Bonus Issue of Warrants.

On behalf of the Board, UOBKH wishes to announce that Bursa Securities had, vide its letter dated 1 July 2024, approved the following:-

i. Admission to the Official List and listing and quotation of 60,000,000 Warrants to be issued pursuant to the Proposed Bonus Issue of Warrants; and

ii. Listing and quotation of up to 60,000,000 new Yenher Shares to be issued arising from exercise of the Warrants.

The approval by Bursa Securities is subject to the following conditions:-

i. Yenher and UOBKH must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Bonus Issue of Warrants;

ii. Yenher and UOBKH are required to inform Bursa Securities upon the completion of the Proposed Bonus Issue of Warrants;

iii. Yenher and UOBKH are required to provide a written confirmation that the terms of the Warrants are in compliance with Paragraph 6.54(3) of the Listing Requirements;

iii. Yenher is required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Bonus Issue of Warrants is completed; and

iv. Yenher is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of Warrants as at the end of each quarter together with a detailed computation of listing fees payable.

This announcement is dated 1 July 2024.






Announcement Info

Company Name YENHER HOLDINGS BERHAD
Stock Name YENHER
Date Announced 01 Jul 2024
Category General Announcement for PLC
Reference Number GA1-01072024-00107