YNH Property bhd ("YNHP" Or "The Company") Proposed Acquisition of Nine Million Eight Hundred seventy Thousand (9,870,000) fully paid Ordinary shares In D'kiara Place Sdn Bhd ("DKP") Representing Seventy Percent (70%) of the Issued And Fully Paid Shares of DKP By Kar Sin Berhad ("KSB"), A Wholly Owned Subsidiary Of The Company

General Announcement

Reference No CC-070808-4B0E6

Company Name	:	YNH PROPERTY BERHAD
Stock Name	:	YNHPROP
Date Announced	:	08/08/2007

Type	:	Announcement
Subject	:	YNH PROPERTY BHD ("YNHP" or "the Company") Proposed Acquisition of Nine Million Eight Hundred Seventy Thousand (9,870,000) fully paid ordinary shares in D'Kiara Place Sdn Bhd ("DKP") representing Seventy percent (70%) of the issued and fully paid shares of DKP by Kar Sin Berhad ("KSB"), a wholly owned subsidiary of the Company

Contents :

Reference is made to our announcements dated 2 April 2007 and 18 July 2007.The Board of Directors of YNH Property Bhd is pleased to announce that KSB, a wholly owned subsidiary of the Company has on 8 August 2007 entered into an Agreement for the Acquisition of Shares ("SAA") from Triple-H Auto Parts Sdn Bhd ("THSB") of its entire equity interest in DKP which comprises 9,870,000 ordinary shares of RM1.00 each ("Sale Shares") and representing 70% of the issued and paid up share capital of DKP, for a total cash consideration of RM67,868,833 and an indebtedness to THSB by DKP amounting to RM4,631,167("Proposed Acquisition").

Please refer to the attached document for the full text of the announcement pertaining to the abovementioned
Proposed Acquisition.

YNHPROP - Ann(AcqfrTHSB).pdf


This announcement is dated 8 August 2007.