YTL Corp proposes 2.26 billion warrant bonus issue, targets up to RM3.4bil proceeds

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YTL Corp proposes 2.26 billion warrant bonus issue, targets up to RM3.4bil proceeds
YTL CorpWarrants
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SINGAPORE: A 60-year-old married man, who pestered his former lover after she broke up with him, stabbed and slashed her new boyfriend in a jealous rage at a Choa Chu Kang void deck in June 2021.

has proposed a bonus issue of up to 2.26 billion warrants, on the basis of one warrant for every five existing shares, with the entitlement date to be announced later.

As at Jan 3, 2025, the company has an issued share capital of approximately RM3.51bil, comprising 11.1 billion YTL Corp shares, including 58.6 million treasury shares. Additionally, the company has 293.5 million outstanding employees’ share option scheme options granted under the ESOS implemented on Jan 6, 2021, with a 10-year duration set to expire on Jan 5, 2031.

Under the minimum scenario and maximum scenario, the total number 2.2 billion warrants and 2.27 billion warrants to be issued represent approximately 20% of the existing total and enlarged number of issued shares of the company, respectively. The gross proceeds to be raised upon the full exercise of the warrants based on an exercise price of RM1.50 per warrant is up to about RM3.31bil and RM3.40bil under the minimum scenario and maximum scenario, respectivelyOil prices extend losses on uncertainty over Trump tariff impact

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YTL Corp Warrants

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