General Announcement

17/11/1999

YTL CORPORATION BERHAD ("THE COMPANY") SALE OF 114,433,267 ORDINARY SHARES IN YTL POWER INTERNATIONAL BERHAD TO CLP POWER INTERNATIONAL LIMITED ("PROPOSED SHARE SALE")

YTL CORPORATION BERHAD

TypeAnnouncement
SubjectYTL CORPORATION BERHAD ("THE COMPANY")
SALE OF 114,433,267 ORDINARY SHARES IN YTL POWER INTERNATIONAL BERHAD TO CLP POWER INTERNATIONAL LIMITED ("PROPOSED SHARE SALE")

Contents :

Further to the announcement on 22 September 1999 on the Proposed Share Sale, the Company is pleased to announce that the approval of the Foreign Investment Committee ("FIC") has been received vide its letter of 11 November 1999. With the approval of the FIC, the Proposed Share Sale is now unconditional and that the Share Sale has been transacted on the Kuala Lumpur Stock Exchange today.



Yours faithfully
YTL CORPORATION BERHAD



HO SAY KENG

Kuala Lumpur
Dated : 17 November 1999

c.c. Securities Commission
Attention: Securities and Issues Department


Announcement Info

Company NameYTL CORPORATION BERHAD  
Stock Name YTL
Date Announced17 Nov 1999  
CategoryGeneral Announcement
Reference NoYC-991117-56496

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