Yong Tai sets mandatory preference share conversion at Nov. 27 maturity

Bitget2026/10/22 10:28

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Yong Tai’s irredeemable convertible preference shares (ICPS) mature at 5 p.m. on Nov. 27, 2026; unexercised ICPS will automatically convert.
Conversion requires five ICPS for one new ordinary share, with no conversion price payable.
Mandatory conversion could generate up to 2,533,008 new shares, representing approximately 0.44% of issued ordinary shares.
Trading ends at 5 p.m. on Nov. 11, 2026, ahead of suspension at 9 a.m. on Nov. 12.
The ICPS will be delisted from Bursa Securities at 9 a.m. on Nov. 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yong Tai Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3717791) on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Yong Tai sets mandatory preference share conversion at Nov. 27 maturity

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