I brought to the attention of MSWG that the price offered for YTLLand is 36 Sen whereas the realisable net asset value of the Co is RM1.66. This is as per independent adviser's report. Note that YTL Land own prime assets in Bukit Bintang, Sentul, Genting Sempah and Orchard Road Singapore which has potential to increase in value once the property market recovers. Also pointed out that YTL has been making profits until year 2018 when it declared losses. Affin Hwang IB , the independent adviser is of the opinion that the offer is NOT FAIR but reasonable! Appeal to MSWG to look into this unfair price offer. Just send emails to MSWG, the more the better and send ASAP.

You can send your complaint letter to chee.meng@mswg.org.my and copy to linnert.hoo@mswg.org.my. The title of your compliant is 'Unfair price in YTL Land take over scheme.' Please send as many complaints as possible so that they can give some urgency this matter. Thanks!

MS of YTL Land, please do not take up the offer. Write letters of complaint to MSWG regarding the unfair offer share exchange scheme. I have written my complaint to them but so far no reply. The more complaints received the more chance of getting heard and our greviances resolved.