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

BackFeb 07, 2025
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description YNH PROPERTY BHD ("YNH" OR "COMPANY")

DISPOSAL OF AEON MALL SERI MANJUNG

The Board wishes to announce that a Sale and Purchase Agreement has been entered into between Kar Sin Bhd and YNH Hospitality Sdn Bhd, both the wholly-owned subsidiary of the Company, with RHB Trustees Berhad [As Trustee of Sunway Real Estate Investment Trust], on 20 January 2025 for the disposal of Aeon Mall Seri Manjung for a total consideration of RM138.0 million ("Disposal").

 

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

 

This amended announcement is dated 7 February 2025.

 

*Remark: The amendments are made to pages 6 and 7 of the attachment under Section 14 - Highest Percentage Ratio and Section 15 - Approval Required. There are no other amendments made to the rest of the content from the previous announcement dated 21 January 2025.

 

Please refer attachment below.


Announcement Info

Company Name YNH PROPERTY BERHAD
Stock Name YNHPROP
Date Announced 07 Feb 2025
Category General Announcement for PLC
Reference Number GA1-06022025-00037

Attachments

  1. YNH-Amended_Ann-Disposal_of_Aeon_Seri_Manjung_20250207.pdf (Size: 460,972 bytes)