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Yinson Holdings Bhd updates on rights issue

Sunday, 27 Apr 2014 08:00pm EDT 

Yinson Holdings Bhd:Refers to the previous announcements.Says the Issue Price has been fixed at 2.20 Ringgits per rights share and that the entitlement basis for the proposed rights Issue is one rights share for every one existing share held by the entitled shareholders.The issue price of 2.20 Ringgits per rights share represents a discount of about 59.4 pct to the theoretical ex-rights price of shares of 5.42 Ringgits based on the five-day volume weighted average market price up to April 25, 2014 of 8.63 Ringgits. 

Company Quote

-0.01 -0.34%
12:28am EDT