The Board of Directors of Yanlord Land Group Limited ("Company") wishes to announce that the paid-up capital of the Company has been increased to S$1,477,389,040 comprising 1,943,124,476 ordinary shares. The increase in the paid-up capital of the Company is due to the issue of 100,000 new ordinary shares in the Company pursuant to partial exercise of options granted under the Yanlord Land Group Pre-IPO Share Option Scheme.