Others
BackDec 20, 2013
Type | Announcement |
Subject | OTHERS |
Description | YNH Property Bhd (“YNH” or the Company”) Internal Group Re-organisation for acquisition of 2,300,000 ordinary shares of RM1.00 each respectively in YNH Hardware Sdn. Bhd., YNH Engineering Sdn. Bhd., YNH Communication Engineering Sdn. Bhd. and YNH Ready Mix Sdn. Bhd. (Collectively referred to as "the Subsidiaries”), representing 100% of the issued and paid-up share capital of the Subsidiaries from YNH Construction Sdn. Bhd. (“YNHC”) at a total consideration of RM8,517,771 (hereinafter referred to as "Internal Group Re-organisation" |
The Board of Directors of YNH (“the Board”) wishes to announce that the Company had on 20 December 2013 through its Internal Group Re-organisation acquired 2,300,000 ordinary shares of RM1.00 each respectively in the Subsidiaries, representing 100% of the issued and paid-up share capital of the Subsidiaries from YNHC at a total consideration of RM8,517,771 (hereinafter referred to as “Re-organisation Consideration”). |
Announcement Info
Company Name | YNH PROPERTY BERHAD |
Stock Name | YNHPROP |
Date Announced | 20 Dec 2013 |
Category | General Announcement |
Reference No | CC-131219-34346 |
Attachments
- YNHPROP_201213.pdf (Size: 151,486 bytes)