YTL

2.610

+0.03 (+1.2%)

Additional Listing Announcement

YTL CORPORATION BERHAD

1. Details of Corporate Proposal

Whether the corporate proposal involves the issuance of new type
and new class of securities?
No
Types of corporate proposalAcquisitions
Details of corporate proposalUNCONDITIONAL SHARE EXCHANGE OFFER BY YTL INDUSTRIES BERHAD (“OFFEROR”), A WHOLLY-OWNED SUBSIDIARY OF YTL CORPORATION BERHAD (“YTL CORP” OR “ULTIMATE OFFEROR”), TO ACQUIRE THE ENTIRE EQUITY INTEREST AND ALL OUTSTANDING IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS IN YTL CEMENT BERHAD (“YTL CEMENT”) (“OFFER”)
No. of shares issued under this corporate proposal269,886
Issue price per share ($$)MYR 1.420
Par Value ($$)MYR 0.100
Latest issued and paid up share capital after the above corporate proposal in the following
Units10,403,396,880
CurrencyMYR 1,040,339,688.000
Listing Date06/06/2012

Remarks :
As announced on 21 February 2012, the Offeror had on even date received valid acceptances in respect of the Offer resulting in the Offeror, Ultimate Offeror and YTL Power International Berhad, a person acting in concert with them, collectively holding more than 90% of the listed shares (excluding treasury shares) of YTL Cement. As such, any shareholder of YTL Cement who has not accepted the Offer (“Dissenting Shareholder”) may exercise his or her rights, under Section 223 of the Capital Markets and Services Act, 2007 (“CMSA”), by serving a notice on the Offeror to require the Offeror to acquire his or her ordinary shares in YTL Cement on the same terms as set out in the offer document for the Offer dated 9 January 2012 (“Offer Document”) or such other terms as may be agreed by the Offeror and the Dissenting Shareholder concerned.

Following the closing of the Offer on 9 March 2012, the Offeror has acquired additional ordinary shares in YTL Cement from certain Dissenting Shareholders, who have exercised their rights under Section 223 of the CMSA (“Said Holders”), at the same terms as set out in the Offer Document. Pursuant thereto, an additional 269,886 ordinary shares in YTL Corp have been issued to the Said Holders, which will be listed and quoted on Wednesday, 6 June 2012.


Announcement Info

Company NameYTL CORPORATION BERHAD  
Stock Name YTL    
Date Announced5 Jun 2012  
CategoryAdditional Listing Announcement (ALA)
Reference NoMM-120605-35703