Material Information


On behalf of YFY Cayman Co., Ltd., YFY Inc. announced the Board’s resolution on the record date for capital increase by cash

1.Date of the board of directors resolution or
decision by the Company: 2022/11/10
2.Number of shares issued: 7,000,000 shares
3.Par Value per share: USD 1 per share
4.Total monetary value of the issuance: USD 7,000,000
5.Issue price: Not applicable
6.Number of shares subscribed for by employees: Not applicable
7.Ratio of shares subscribed for by existing shareholders:100%
8.Method for public sale and no.of shares: Not applicable
9.Handling method for fractional shares and shares unsubscripted for by the
deadline:Not applicable
10.Rights and obligations of these newly issued shares:
The rights and obligations of the new shares issuance are the same as those
of the original shares
11.Utilization of the funds from the current capital increase:
Working capital for business development in Vietnam
12.Record date of cash capital increase and share subscription: 2022/11/15
13.Last date before book closure: Not applicable
14.Book closure starting date: Not applicable
15.Book closure ending date: Not applicable
16.Payment period: 2022/11/15~2022/12/31
17.Date of the agreement with the banks to collect and deposit the proceeds:
Not applicable
18.Name of the institution designated to collect the proceeds:Not applicable
19.Name of the bank designated to deposit the proceeds:Not applicable
20.Any other matters that need to be specified:None

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  • M.O.P.S Company code:1907