Reminder: To all Minority shareholders and ICULS Holders: Please don't accept share swap offer and don't sell cheaply in Bursa as if offeror (Yeoh family- now got around 84%) gets less than 90%, there will be a better reasonable cash or other reasonable alternative offer than the present lousy share swap offer and present low market share price of only 30 sen !!!

Yes delisted LA still entitled to all interest @6% on nominal value of 50 sen till maturity on 31.10.21 !!!

There is still a chance for reasonable cash or other reasonable alternative offer provided the present share swap acceptance is less than 90% !!!

Don't accept share swap. Also Don't sell shares in Bursa as Yeoh family is using proxies to buy all shares at below 36 sen in order to achieve >90% acceptance. If >90% acceptance, NO EGM, automatic Delisting, no other reasonable alternative offer. If have extra fund for long term investment purposes, BUY now !!!

Yes can further extend but no later than 7 October 2019 ( See pg 33 of Offer Document dated 4 July for maximum duration) If >90% share swap acceptance by this date, no EGM, no alternative offer !!!

Need to change the present poor Management and then recruit professionals to run and inject new ideas to revive its businesses !!!

No I am also a Dissenting Shareholders like u with the aim to decide on what the best next course of action !!! All my remarks are facts from both the Offer Document & Independent Advice Circular plus Announcements in Bursa !!!

Yes buy if u don't mind taking the risk of holding unlisted shares !!! And Yes, the Yeo family is using delisting ( automatic with no need EGM if >90% acceptance) to frighten small shareholders into accepting the share swap or selling their shares cheaply !!!

Yes buy especially if you are confident that Offeror will not get >90% acceptance !!!

Offer extended to 20 September 2019, now 83% acceptance. If >90% very unfavorable for Dissenting Shareholders without any CASH or other reasonable alternatives under "Exit Offer" due to no need EGM for Delisting Application. No 'forced' compulsorily takeover by SHARE SWAP unless acceptance >97.37% on any final extended closing date (maximum till 7 October 2019). Also very likely YTLCorp and Yeoh family using friendly parties under proxies to buy cheap YTLLand shares by panicky sellers due to the impending Delisting in Bursa to assist them to get the >90% acceptance !!!

Please read Offer Document dated 4 July 2019 on pg 33 carefully under Duration of the Offer. (1) Not possible to revise offer after 19 August 2019 (2) Offer can still be extended from 30 August 2019 with at least 2 days prior notice (3) Maximum duration for acceptance if extended is till 7 October 2019. Our only hope for more reasonable offer is only under "Exit Offer" during the required EGM to approve the Delisting if Offeror gets less than 90% (Now is around 80%) !!! If >90%, very bad news due to no need EGM approval for Delisting and hence no reasonable cash or other reasonable alternative under "Exit Offer" as shares will be automatically delisted after following the procedures of Bursa Listing Requirements !!!

After rechecking with the Independent Advisor, Affin Hwang IB has confirmed that if Offeror get less than 90% acceptance by closing date on 30.8.19 or any extension period, under " Exit Offer" for Delisting Application, there will be a reasonable CASH alternative offer instead of the present lousy share swap !!! So don't let the Offeror gets the 90% or more acceptance at all costs !!!

To all Minority Shareholders & ICULS Holders of YTLLand : Please read n note carefully last paragraph of pg 50 of Independent Advice Circular under (cc) for Delisting Application if acceptance >75% but <90% as under "Exit Offer", there may be a reasonable CASH alternative instead of the lousy share swap. As such, please don't be frightened by the impending Delisting by accepting the ridiculous poor takeover offer by share swap so that Offeror will not get >90% acceptance n don't sell unnecessary cheaply in Bursa for Offeror to take further advantage !!!

To all Minority ICULS Holders of YTLLand : Please read n note carefully last paragraph of pg 50 of Independent Advice Circular under (cc) for Delisting Application if acceptance >75% but < 90% as under "Exit Offer", there may be a reasonable CASH alternative instead of the lousy share swap. As such, please don't be frightened by the Delisting by accepting the ridiculous poor takeover offer by share swap so that Offeror will not get >90% acceptance n don't sell unnecessary cheaply in Bursa for Offeror to take advantage !!!

Leong966 agreed fully. To summarise potential outcome of Offer for easy understanding as follows (1) >75% <90% likely delisting after Offer expired subject to Offeror obtained Delisting approval in EGM. Those who do not accept shall hold delisted shares/ICULS from suspension trading date (2) >90% <97.37% Delisting but Dissenting Holders able to require Offeror to acquire their holdings at same terms in offer. Those who do not exercise their rights under S223/224 CMSA shall hold unlisted shares/ICULS (3) >97.37% compulsorily acquisition meaning all shareholders compulsorily 'forced' to accept offer by share swap

According to Independent Advice Circular pg 53, if Offeror, YTLCorp get >75% but <97.37%, only likely Delisting but no compulsorily acquisition under S222(1) of CMSA ! Is this what pg 53 meant ?

Interesting Announcement soon ?

Own YTL group of companies not doing well both financials and price wise, how n why need to help others ?

If can, change the whole BOD due to not so good financial performance and poor management !!! Employed professionals to run the company !!!

Although record low share price now with no dividend for a long time is shit due to poor management but this company still got a lot of valuable precious properties !!! So don't give up n sell cheap to those rascals cum blood suckers and don't accept the ridiculous share swap offer !!!

What rubbish by the Independent Advisor ie. Affin Hwang IB !!! On 3 May 2019, its research dept set a price target of only RM0.70 for YTLCorp but in the Independent Advice Circular, the estimated fair value of YTLCorp now jumps almost double to RM1.38 for share swap evaluation purposes !!! Why so much difference even though they may not be exactly the same thing ?

Too bad over 75% even before seeing the independent advice due mainly to Yeoh's proxies, to see next threshold at 90% whether achieved or not !!!

Why negative comments plus complaints ? Do u know that both YTLand n its LA will soon force to be delisted whereby they cannot be traded anymore ? The only alternative for them to remain tradeable is to swap them cheaply at a ridiculous swap ratio for YTLCorp shares which only benefit mostly the Yeoh family !!!

As for any listed company facing funding issues for working capital purposes or expansion purposes, it needs funding whether by PP or rights issue if banks are not willing to give further loans. All these PP or rights issue are dilutive in nature but it may be a necessary evil for longer term survival or future growth of the company. Therefore it is important to know the objectives and purposes of the PP or rights issue whether it is for productive purposes or not before deciding whether it is good or not for the company and shareholders especially on a longer term basis !!! The PP circular should explain why the PP is needed in this case !!!

Although the PP is dilutive but in longer term, it should improve the financial health of the company !!!

Still awaiting for the independent advice from Affin Hwang IB for comments on the takeover offer with a detailed analysis of YTLLand's financials/assets versus YTLCorp and its recommendation !!!

To clarify matters, takeover offer price for the YTLLand-LA is 32 sen (still very low) not 28 sen but the share takeover exchange ratio is 1000 YTLLand-LA to 280 YTLCorp shares resulting in many small shareholders having odd lots problems !!!

Yes agreed MSWG has so far done nothing much to assist Minority Shareholders in many cases of controlling shareholders bullying/taking advantage of Minority Shareholders in Bursa !!! ie. NATO !!!

Sue the government over school internet services to others if YTL & its directors got 'balls', don't just bully the Minority Shareholders of YTLLand !!!

Hi, anyone who wish to know more about the many advantages to invest in Loanstocks and Preference Shares and other fixed income securities listed in Bursa is welcome to call/whatsapp me at 011-59460202

Still here but don't know what need to be done further as both Bursa n SC seems not interested to take any action in this case to protect the interest of minority shareholders as the company is now delisted !!! Look like the BOD determines to siphon whatever fund in the company over the next few years unless someone with necessary connections can expose the directors evil scheme in various medias !!! BTW, anyone attended AGM on 11.6.19 n what stupid excuses the directors gave for the con job !!!

YTL said government unfair to them in award of interim school internet services to others, does YTL realised that its takeover offer to YTLLand's minority shareholders with the vile threat of Delisting is even more unfair and unreasonable !!!

First time ever in Bursa that a takeover target ie. YTLLand with its price dropped to all time record after takeover announcement !!! Can only happened under YTL group !!!

Just because YTLLand is very low profile and insignificant small cap stock, hardly any comments from newspapers, analysts, MSWG etc on the unfair and unreasonable takeover offer by YTL, the controlling holding company. Very disappointed !!!

It is interesting to know what the recommendations of the independent adviser for the takeover of YTLLand ie. Affin Hwang IB as only recently it sets a target price of only RM0.70 with a sell call for YTL as compared with YTL's takeover Share Swap price of RM1.14 !!!

Can also call the Share Registrar to confirm. If can, also get them to email u the CONVERSION FORM provided they already drafted it out as the conversion on a 1 to 1 basis without any further payment can only be done from 28 November this year !!! ( note : no further payment is needed as this PA (convertible preference share) is already fully paid and issued at 80 sen and the conversion price is also 80 sen to convert to ordinary share, therefore no need further payment for conversion)

It is interesting to know what the recommendations of the independent adviser for the takeover ie. Affin Hwang as only recently it set a target price of only 70 sen with a sell call for YTLCorp !!!

If further add extra value to YTLland's properties which have not been revalued for many years, this unfair and unreasonable offer really make a massive killings of its Minority Shareholders !!!

Same procedure as buying YTB ordinary shares as its PA is also listed in Bursa !!! BTW, YTB-PA is not a warrant ( warrant is not even ordinary share as yet) as it is a convertible preference share which is rank higher than ordinary share in term of safety and priority !!!

The nasty & unfair takeover offer by YTL not only killed the interest payable to YTLLand-LA Holders till maturity but also destroyed the convertible time value element of the LA which is supposed to be matured/expired only in October 2021 !!!

If this bloody con job is beneficial, both YTL & YTLLand's prices should be up not further down after takeover announcement !!!

Besides complaining to SC, Bursa, MSWG etc, it can be even more effective if we minority shareholders formed protest group to protest to both the BOD of YTL & YTLLand. Also those who have good connection with various newspapers to seek the newspapers assistance to highlight the extreme unfairness and oppression by the takeover offer under the vile threat of delisting !!! As a last resort, legal action should also be considered by minority shareholders as a group !!!

Another BJCorp boss in the making !!!

By YTL only, the worse takeover offer record in Bursa Malaysia with a takeover price of YTLLand at almost the all time record low price of 36 sen !!!

yes they can do that but they then have to raise the takeover price to 38 sen if they buy above the present takeover price of 36 sen !

Ridiculous poor takeover offer by YTL to YTLLand LA Holders (nominal value 50 sen with 6% interest) at almost all time low price of 32 sen. So unfair and unreasonable ! Vote against offer and/or don't accept offer so that YTLLand can remain listed !!!

Have anyone seen a takeover offer at almost all time dirt cheap low price with zero premium ? Only by YTL to YTLLand other shareholders ! So ridiculously unfair and unreasonable !!!

What rubbish ! YTL paid good premium to acquire outsider Lafarge but offered YTLLand Minority Shareholders peanuts to take over its vast landed properties !!! Hopeless n useless Directors/Management !!!

IF ? What IF the mother shares instead go up from now by November ? Must be a genius to forecast whether the share price be up or down from now in more than 5 months !!! No such thing as a riskfree share market investment !!!

Please ensure u know the difference in this case between Yongtai-PA which is a fully paid preference shares which do not need any further payment for conversion and Yongtai-WA which required additional payment of 50 sen for conversion/subscription !!!