MULTIPLE PROPOSALS (Amended Announcement)YONG TAI BERHAD ("YTB" OR THE "COMPANY")

(I) PROPOSED DISPOSAL OF A FIVE-STAR HOTEL KNOWN AS COURTYARD BY MARRIOTT MELAKA BY APPLE 99 DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF YTB, TO SOUTHERN ENVOY SDN BHD FOR A CASH CONSIDERATION OF RM160,000,000; AND

(II) PROPOSED PRIVATE PLACEMENT OF UP TO 30.00% OF THE TOTAL NUMBER OF ISSUED ORDINARY SHARES IN YTB.