YTL Group is proposing to acquire the YTL Land shares at an offer price of 36 sen per share, which translates to an exchange ratio of about 0.32 in YTL shares for each YTL Land share.
PETALING JAYA: YTL Corp Bhd
has proposed to acquire all remaining shares in its listed subsidiary YTL Land & Development Bhd via a conditional share swap.
The acquisition, it said, would be satisfied through the issuance of new shares in YTL Corp, at an issue price of RM1.14 each.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
