YNH Property Bhd ("YNH" Or "The Company") Proposed Acquisition of 4,230,000 Ordinary Shares of RM1.00 Each In D'kiara Place Sdn bhd ("DKP") Representing The Balance 30% Equity Interest of DKP From DKLS Industries Bhd by Kar Sin Berhad ("KSB"), a Wholly Owned Subsidiary of YNH, For A Total Cash Consideration Of RM33,895,775.83 And An Indebtedness to DKLS By DKP Amounting To RM2,189,191.54.

BackMar 24, 2008
General Announcement
Reference No CC-080324-C96F5

Company Name
:
YNH PROPERTY BERHAD 
Stock Name
:
YNHPROP
Date Announced
:
24/03/2008


Type
:
Announcement
Subject
:
YNH PROPERTY BHD ("YNH" or "the Company")
Proposed Acquisition of 4,230,000 ordinary shares of RM1.00 each in D'Kiara Place Sdn Bhd ("DKP") representing the balance 30% equity interest of DKP from DKLS Industries Bhd by Kar Sin Berhad ("KSB"), a wholly owned subsidiary of YNH, for a total cash consideration of RM33,895,775.83 and an indebtedness to DKLS by DKP amounting to RM2,189,191.54.

Contents
:
We refer to the announcement dated 21 March 2008 pertaining to the above matter.

Pursuant to 17A(d)(ii) of Appendix 10A of the Listing Requirements of Bursa Malaysia Securities Berhad, we wish to provide an additional information in relation to the past five years audited financial information of D' Kiara Place Sdn Bhd as set out in the table below.

This announcement is dated 24 March 2008.

Announcement Details :



Financial years ended
31 December
Audited 2002*
Audited 2002**
Audited 2003
Audited 2004
Audited 2005
Audited 2006
Unaudited 2007
RM
RM
RM
RM
RM
RM
RM
Revenue
-
-
-
-
-
-
-
Profit/(Loss) before taxation
(6,953)
(3,627)
703,830
(3,109)
(41,594)
(5,941)
(8,293)
Profit/(Loss) after taxation
(6,953)
(3,627)
701,822
(3,109)
(41,594)
(5,941)
(8,437)

Notes:

* for the period from 1 July 2001 to 30 June 2002
** for the period from 1 July 2002 to 31 December 2002