YTLP shareholding.

1. YTL corp 44.9%
2. Cornerstone Crest(Yeoh private control investment company): 6.35%
2. Yeoh and Son bhd: 3.73
3. Yeoh other family member: 0.74%

All in all, YTL corp which in turn control by Yeoh family (49.11%) only control 44.9% in YTLP and less than 7% in YTLP-WB (already opt for sale last year). However, if take into account Yeoh family direct stake, the control stake increase to 55.7%.

Nonetheless, the effective stake actual under Yeoh family is much lesser again as Yeoh family only control 49.11% in YTL crop, which control 44.9% = effective stake in actual is only 22%. If top up again Yeoh direct stake, the effective stake increase to 32.92%.

However, Yeoh family is expect to control more than 75% YTLP WB and as much as 87% entitlement of ESOS share. If all warrant converted and ESOS exercise, Yeoh direct stake will increase to 12% + 8.7% + 32.92% = 53.62%.

Thus, if Yeoh family wanna to increase their effective stake to above 70%, YTLP need to buyback first 10%, cancel all + buyback second batch 10%, cancel all + buyback third batch 10% and cancel all again to boost its stake to 73%.