Rights Issue
| YTL LAND & DEVELOPMENT BERHAD |
|
EX-date | 12/09/2011 |
| Entitlement date | 14/09/2011 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Rights Issue |
| Entitlement description | Renounceable rights issue of up to RM248,684,727 nominal value of ten (10)-year 3.0% stepping up to 6.0% of 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 held in YTL Land & Development Berhad ("YTL Land") at 5.00 p.m. on 14 September 2011 ("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 no | The 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 transfers | 14/09/2011 |
| 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 indicator | Ratio |
| Ratio | 3 : 5 |
| Rights Issues/Offer Price | 0.5 |
| Remarks : |
| 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 19 September 2011 to the entitled shareholders whose names appear in the Record of Depositors of YTL Land at 5.00 p.m. on 14 September 2011 ("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 26 August 2011. |
Announcement Info
| Company Name | YTL LAND & DEVELOPMENT BERHAD |
| Stock Name | YTLLAND |
| Date Announced | 26 Aug 2011 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-110824-52147 |