General Announcement

02/11/1999

YTL CORPORATION BERHAD ("YTL Corporation" or "the Company") Proposed bonus issue of up to 323,518,679 new ordinary shares of RM0.50 each on the basis of one (1) new ordinary share for every five (5) existing ordinary shares held in YTL Corporation at 5.00 p.m. on 19 November 1999 ("Proposed Bonus Issue")

YTL CORPORATION BERHAD

TypeAnnouncement
SubjectYTL CORPORATION BERHAD ("YTL Corporation" or "the Company")
Proposed bonus issue of up to 323,518,679 new ordinary shares of RM0.50 each on the basis of one (1) new ordinary share for every five (5) existing ordinary shares held in YTL Corporation at 5.00 p.m. on 19 November 1999 ("Proposed Bonus Issue")

Contents :

QUOTE


Further to the announcements made on 18 November 1998 and 1 September 1999, the Board of Directors of YTL Corporation is pleased to announce that the Shareholders of the Company have approved the Proposed Bonus Issue at the Extraordinary General Meeting which was convened on 2 November 1999.

The Proposed Bonus Issue remains subject to approval being obtained from the Kuala Lumpur Stock Exchange for the listing of and quotation for up to 323,518,679 new shares to be issued pursuant to the Proposed Bonus Issue.

This announcement is dated 2 November 1999.
UNQUOTE


Announcement Info

Company NameYTL CORPORATION BERHAD  
Stock Name YTL
Date Announced2 Nov 1999  
CategoryGeneral Announcement
Reference NoMM-991102-53425