05 December 2011
General Announcement > NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQ
General Announcement
Reference No MB-111202-62112

Submitting Merchant Bank
:
 AMINVESTMENT BANK BERHAD
Company Name
:
 YINSON HOLDINGS BERHAD
Stock Name
:
 YINSON  
Date Announced
:
 05/12/2011


Type
:
 Announcement
Subject
:
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
 
Description
:
YINSON HOLDINGS BERHAD (“YHB” OR “COMPANY”)

PROPOSED RENOUNCEABLE TWO-CALL RIGHTS ISSUE OF 113,020,800 NEW ORDINARY SHARES OF RM1.00 EACH IN YHB (“RIGHTS SHARES”) AT AN ISSUE PRICE TO BE DETERMINED LATER, ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY TWO (2) EXISTING ORDINARY SHARES OF RM1.00 EACH HELD IN YHB (“SHARES”) ON AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED RIGHTS ISSUE”); AND

PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF THE COMPANY FROM RM100,000,000 COMPRISING 100,000,000 SHARES TO RM500,000,000 COMPRISING 500,000,000 SHARES (“PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL”);

(COLLECTIVELY REFERRED TO AS “PROPOSALS”)

Announcement Details/Table Section :

Reference is made to the Company’s announcements dated 29 June 2011, 6 October 2011, 10 October 2011, 24 October 2011, 1 November 2011, 3 November 2011 and 18 November 2011 in relation to the Proposals.

Pursuant to the revised additional listing application in relation to the listing of and quotation for the Rights Shares that was submitted to Bursa Malaysia Securities Berhad (“Bursa Securities”) on 18 November 2011, on behalf of the board of directors of YHB, AmInvestment Bank Berhad (a member of the AmInvestment Bank Group) wishes to announce that Bursa Securities had vide its letter dated 2 December 2011 (which was received on 5 December 2011), had resolved to maintain its approval for the Proposed Rights Issue, which was granted vide its letter dated 21 October 2011.

This announcement is dated 5 December 2011.

 

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