Additional Listing Announcement /Subdivision of Shares
YTL CORPORATION BERHAD |
1. Details of Corporate Proposal |
|
Involve issuance of new type/class of securities ? | No |
Types of corporate proposal | Special Issue |
Details of corporate proposal | UNCONDITIONAL SHARE EXCHANGE OFFER BY YTL CORPORATION BERHAD ("YTL CORP" OR "OFFEROR") TO ACQUIRE ALL THE REMAINING SECURITIES IN YTL LAND & DEVELOPMENT BERHAD ("YTL LAND") NOT ALREADY OWNED BY YTL CORP THROUGH THE ISSUANCE OF NEW ORDINARY SHARES IN YTL CORP AT AN ISSUE PRICE OF RM1.14 EACH ("CONSIDERATION SHARES") ("OFFER") |
No. of shares issued under this corporate proposal | 4,944,682 |
Issue price per share ($$) | Malaysian Ringgit (MYR) 1.1400 |
Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
Units | 10,946,607,097 |
Issued Share Capital ($$) | Malaysian Ringgit (MYR) 3,381,204,985.520 |
Listing Date | 26 Jul 2019 |
Remarks : |
Pursuant to the valid acceptances received by the Offeror after 5:00 p.m. (Malaysian time) on 11 July 2019 up to 5:00 p.m. (Malaysian time) on 18 July 2019 under the Offer, a total of 4,944,682 Consideration Shares have been issued, details of which are set out below: (i) 3,553,498 Consideration Shares to the shareholders of YTL Land; and (ii) 1,391,184 Consideration Shares to the holders of irredeemable convertible unsecured loan stocks 2011/2021 of YTL Land. |
Announcement Info
Company Name | YTL CORPORATION BERHAD |
Stock Name | YTL |
Date Announced | 25 Jul 2019 |
Category | Additional Listing Announcement /Subdivision of Shares |
Reference Number | ALA-23072019-00009 |