Rights Issue

Amended Announcements
Please refer to the earlier announcement reference number: MI-110824-52147



Entitlement date05/10/2011
Entitlement time05:00:00 PM
Entitlement subjectRights Issue
Entitlement descriptionRenounceable rights issue of up to RM248,684,727 nominal value of ten (10)-year 3.0% stepping up to 6.0% irredeemable convertible unsecured loan stocks ("ICULS") at 100% of nominal value on the basis of three (3) RM0.50
nominal value of ICULS for every five (5) existing ordinary shares of RM0.50 each in YTL Land & Development Berhad ("YTL Land") held on 5 October 2011 at 5.00 p.m. ("Rights Issue of ICULS")
Period of interest payment to
Financial Year End
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone noThe special share registrar for the Rights Issue of ICULS:

Tricor Investor Services Sdn Bhd
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur
Tel. no.: 603-2264 3883
Fax no.: 603-2282 1886
Payment date
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers05/10/2011 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit 
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable) 
Entitlement indicatorRatio
Ratio 3 : 5
Rights Issues/Offer Price 0.5

Remarks :
Unless otherwise stated, definitions used in this announcement shall carry the same meanings as those defined in the circular to the shareholders of YTL Land dated 25 July 2011.

The SC, vide its letter dated 8 February 2011, approved the issuance of the Total ICULS ("Proposals") under the Guidelines on the Offering of Private Debt Securities ("PDS Guidelines").

Pursuant to Paragraph 12.03 of the PDS Guidelines, the Proposals should be implemented by 7 August 2011, being six (6) months from the abovementioned approval from the SC. In relation thereto, Maybank IB, on behalf of YTL Land, will be submitting an application to the SC for the issuance of the Total ICULS ("Application").

The revised book closure date from 14 September 2011 to 5 October 2011 is to facilitate the approval for the Application to be obtained prior to the implementation of the Rights Issue of ICULS.

The Abridged Prospectus, together with the Rights Subscription Form and Notice of Provisional Allotment in relation to the Rights Issue of ICULS (collectively referred to as "Documents"), will be despatched on 7 October 2011 to the entitled shareholders whose names appear in the Record of Depositors of YTL Land on 5 October 2011 at 5.00 p.m. ("Entitlement Date").

The Documents will not be despatched to the shareholders of YTL Land who do not have a registered address in Malaysia as at the Entitlement Date ("Foreign Addressed Shareholders"). Such Foreign Addressed Shareholders who wish to provide Malaysian addresses should inform their respective stockbrokers to effect the change of address prior to the Entitlement Date.

The Documents will not be made to comply with the laws of any jurisdiction/country other than Malaysia and will not be lodged, registered or approved under any applicable securities or equivalent legislation (or with or by any regulatory authority or other relevant body) of any jurisdiction other than Malaysia.

This announcement is dated 8 September 2011.

Announcement Info

Stock Name YTLLAND    
Date Announced8 Sept 2011  
CategoryEntitlements (Notice of Book Closure)
Reference NoMI-110907-59661

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