YNH property Bhd ("YNHPROP" Or "The Company") Memorandum of Understanding ("MOU") Between Kar Sin Berhad (a Wholly Owned Subsidiary of YNHPROP) ("KSB") And frasers Hospitality Pte Ltd ("Frasers Hospitality") For the Provision Of Consultancy & Other Services In Relation To The Property Known As 163 serviced Suites Located At Lot 163, Jalan Perak, 50250 Kuala Lumpur ("163 Serviced Suites") By Frasers Hospitality.

General Announcement

Reference No CC-071001-6E381

Company Name	:	YNH PROPERTY BERHAD
Stock Name	:	YNHPROP
Date Announced	:	01/10/2007

Type	:	Announcement
Subject	:	YNH PROPERTY BHD ("YNHProp" or "the Company") MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN KAR SIN BERHAD (A WHOLLY OWNED SUBSIDIARY OF YNHPROP) ("KSB") AND FRASERS HOSPITALITY PTE LTD ("FRASERS HOSPITALITY") FOR THE PROVISION OF CONSULTANCY & OTHER SERVICES IN RELATION TO THE PROPERTY KNOWN AS 163 SERVICED SUITES LOCATED AT LOT 163, JALAN PERAK, 50250 KUALA LUMPUR ("163 SERVICED SUITES") BY FRASERS HOSPITALITY.

Contents :

YNHProp is pleased to announce that KSB had on 27 September 2007 entered into a MOU with Frasers Hospitality (and/or such of its affiliated entities to be nominated by Frasers Hospitality) for the provision of consultancy and other services in relation to the 163 Serviced Suites by Frasers Hospitality.

Frasers Hospitality, the hospitality arm of Frasers Centrepoint Limited (a wholly-owned subsidiary of Fraser and Neave, Limited), is an international branded serviced residence management company providing consultancy and other services in relation to Gold Standard residences in the key gateway cities of the world spanning the Asia-Pacific Region, Europe and the Middle East.

This announcement is dated 1 October 2007.