Supplemental Agreement 4 - Proposed Disposal By Kar Sin Berhad, A Wholly-owned Subsidiary Of YNH, For Property On All That Freehold Vacant Land In The Mukim Of Kuala Lumpur, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur For A Total Cash Consideration Of RM170.00 Million Only To Sunway Living Space Sdn Bhd ("proposed Disposal")
| Type | Announcement |
| Subject | OTHERS |
| Description | YNH PROPERTY BHD ("YNH" OR "COMPANY") SUPPLEMENTAL AGREEMENT 4 - PROPOSED DISPOSAL BY KAR SIN BERHAD, A WHOLLY-OWNED SUBSIDIARY OF YNH, FOR PROPERTY ON ALL THAT FREEHOLD VACANT LAND IN THE MUKIM OF KUALA LUMPUR, DAERAH KUALA LUMPUR, NEGERI WILAYAH PERSEKUTUAN KUALA LUMPUR FOR A TOTAL CASH CONSIDERATION OF RM170.00 MILLION ONLY TO SUNWAY LIVING SPACE SDN BHD ("PROPOSED DISPOSAL") |
|
Reference is made to the Company's latest announcement on 29 May 2025 in relation to the Proposed Disposal. Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the previous announcements.
The Board of Directors of YNH wishes to announce that Kar Sin Bhd ("the Vendor") had executed a Supplemental Agreement dated 11 November 2025 ("SA 4") in respect of the Sale and Purchase Agreement dated 12 May 2023 ("SPA") (as amended by Supplemental Agreement dated 10 November 2023 ("SA 1"), Supplemental Agreement dated 10 May 2024 ("SA 2") and Supplemental Agreement dated 28 May 2025 ("SA 3")) with the following parties to vary certain terms and conditions of the SPA in relation to the Proposed Disposal:-
Please refer to the attachment for further details on the SA 4.
Except as provided in the attachment, all other terms of the SPA (as amended by the SA 1, SA 2 and SA 3) remain unchanged and are in full force and effect.
This announcement is dated 12 November 2025. |
|
Please refer attachment below.
Announcement Info
| Company Name | YNH PROPERTY BERHAD |
| Stock Name | YNHPROP |
| Date Announced | 12 Nov 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-12112025-00064 |
Attachments
- YNH_-_Supplemental_Agreement_4_20251112.pdf (Size: 333,043 bytes)