YNH Property Bhd ("YNH" Or the "Company") Updates On the Status Of The Project To Be Named As Menara YNH

BackJun 29, 2007
General Announcement
Reference No CC-070629-8A54F

Company Name
:
YNH PROPERTY BERHAD 
Stock Name
:
YNHPROP
Date Announced
:
29/06/2007


Type : Announcement
Subject : YNH Property Bhd ("YNH" or the "Company")
Updates on the status of the project to be named as Menara YNH

Contents :

Further to the announcement dated 27 June 2007, the Board of Directors of YNH wish to inform on the status of the project to be named as Menara YNH.

Approval in principle has been obtained from Jabatan Perancang Bandar, Dewan Bandaraya Kuala Lumpur ("DBKL") on 28 February 2007, for a commercial office development on Lot 1077, Seksyen 57, Jalan Sultan Ismail, Kuala Lumpur. The land is a freehold land which has been converted into building title and the area is zoned for commercial development.

In addition, application for earthworks has also been favorably considered by Jabatan Kerja Awam, DBKL vide letters dated 6 March 2007 and 5 June 2007.

Approval has also been obtained on 20 December 2005, from Syarikat Bekalan Air Selangor Sdn Bhd ("SYABAS") for the relocation of three (3) water pipes to a designated pipes reserves outside the boundary of the land. Relocation will be carried out together with the earthworks package of the project.

This announcement is dated 29 June 2007.