YNH Property bhd ("The Company") Memorandum of Understanding ("MOU") Between Kar Sin Berhad ("KSB"), A Wholly Owned Subsidiary Of The Company And Triple-H Auto Parts Sdn Bhd ("THSB")

General Announcement

Reference No CC-070718-C2907

Company Name	:	YNH PROPERTY BERHAD
Stock Name	:	YNHPROP
Date Announced	:	18/07/2007

Type	:	Announcement
Subject	:	YNH Property Bhd ("the Company") Memorandum of Understanding ("MOU") between Kar Sin Berhad ("KSB"), a wholly owned subsidiary of the Company and Triple-H Auto Parts Sdn Bhd ("THSB")

Contents :

Reference is made to the announcement dated 2 April 2007 in relation to the status of the MOU.

The Board of Directors wishes to announce that the negotiation in respect of the MOU is progressing well and the agreement is expected to be signed within the next three (3) weeks.

This announcement is dated 18 July 2007.