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News
Notice of a Change In The Percentage Level Of A Substantial Shareholder's Interest
| Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest * |
| * Asterisks denote mandatory information |
| "DISCLAIMER:- This announcement was prepared and issued by the belowmentioned listed issuer to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNET for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the listed issuer directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement." |
| Name of Announcer * |
YANLORD LAND GROUP LIMITED |
| Company Registration No. |
200601911K |
| Announcement submitted on behalf of |
YANLORD LAND GROUP LIMITED |
| Announcement is submitted with respect to * |
YANLORD LAND GROUP LIMITED |
| Announcement is submitted by * |
Tan Shook Yng |
| Designation * |
Group General Counsel / Company Secretary |
| Date & Time of Broadcast |
07-Mar-2008 18:03:31 |
| Announcement No. |
00083 |
| The details of the announcement start here ... |
| 1. |
Date of notice to issuer * |
06-03-2008 |
| 2. |
Name of Substantial Shareholder * |
Yanlord Holdings Pte. Ltd. |
| 3. |
Please tick one or more appropriate box(es): * |
| |
Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV] |
| 1. |
Date of change of [Select Option] |
|
| 2. |
Name of Registered Holder |
|
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
[Select Option] |
| |
# Please specify details |
|
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of [Select Option] held before the change |
|
| As a percentage of issued share capital |
% |
| No. of N.A. which are subject of this notice |
|
| As a percentage of issued share capital |
% |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
|
| No. of N.A. held after the change |
|
| As a percentage of issued share capital |
% | |
| 1. |
Date of change of Shareholding |
06-03-2008 |
| 2. |
The change in the percentage level |
From 69.61 % To 69.68 % |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase |
| |
# Please specify details |
| Purchase of an aggregate of 1,200,000 ordinary shares in Yanlord Land Group Limited ("Company") on 5th and 6th March 2008 at an average unit price of S$2.135. (Refer to Note 1) | |
| 4. |
A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: |
| The change in percentage level is the result of a series of transactions. | |
| 1. |
Holdings of Substantial Shareholder , including direct and deemed interest : |
 |
Direct |
Deemed |
| No. of shares held before the change |
1,271,000,000 |
0 |
| As a percentage of issued share capital |
69.61 % |
0 % |
| No. of shares held after the change |
1,272,200,000 |
0 |
| As a percentage of issued share capital |
69.68 % |
0 % |
| Footnotes |
Percentages of issued share capital are computed based on 1,825,814,476 issued shares of the Company as at 7 March 2008.
Note 1: The average price of S$2.135 per share is derived by averaging the prices of shares purchased on 5th and 6th March 2008. Details of which are as follows:-
1) Open market purchase of 600,000 shares of the Company at an average price of S$2.077 on 5 March 2008.
2) Open market purchase of 600,000 shares of the Company at an average price of S$2.194 on 6 March 2008.
The initial public offering for the shares of the Company was joint lead managed by HL Bank and CLSA Merchant Bankers Limited ("Managers"). The Managers assume no responsibility for the contents of this announcement. | |
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