Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions (Amended Announcement)

BackDec 31, 2024

 

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description YNH PROPERTY BHD (“YNH” OR “COMPANY”)
- DISPOSAL OF PROPERTIES/ LAND

The Board of Directors of YNH (“Board”) wishes to announce that the following wholly-owned subsidiaries of the Company (together with the Company referred as “YNH Group”) had entered into Sale and Purchase Agreements (“SPA”) with the following Purchasers for the disposal of properties/land (“Properties/Land”) within the past twelve (12) months (“Disposal”):-

SPA Name SPA Date YNH GROUP Purchaser
SPA 1 27 June 2024 Hotel Sfera Sdn Bhd Kmart Sdn Bhd
SPA 2 27 June 2024 Kar Sin Bhd Kmart Sdn Bhd
SPA 3 18 October 2024 Kar Sin Bhd Provigo Sdn Bhd
SPA 4 27 December 2024 Mesra Unggul Sdn Bhd Invesco Asset Sdn Bhd
SPA 5 27 December 2024 Kar Sin Bhd Invesco Asset Sdn Bhd

 

Please refer to the attachment for the further details of the Disposal.

 

This announcement is dated 30 December 2024.

 

*Remark: The amendments are made to pages 4 and 5 of the attachment under Section 3 - Rationale for the Disposal and Section 6 - Expected Gain from the Disposal. The Pro forma net gain pursuant to the Disposal should be RM23,959,000 instead of RM23,088,000. There are no other amendments made to the rest of the content from the previous announcement dated 30 December 2024.

 

Please refer attachment below.

 


Announcement Info

Company Name YNH PROPERTY BERHAD
Stock Name YNHPROP
Date Announced 30 Dec 2024
Category General Announcement for PLC
Reference Number GA1-30122024-00066

Attachments

  1. YNH-Disposal_of_Properties_Land_Amended.pdf (Size: 292,596 bytes)