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”).

Please refer to the attached file for the full text of this announcement.

This announcement is dated 20 December 2013.

 


Announcement Info

Company Name YNH PROPERTY BERHAD  
Stock Name YNHPROP    
Date Announced 20 Dec 2013  
Category General Announcement
Reference No CC-131219-34346

Attachments

  1. YNHPROP_201213.pdf (Size: 151,486 bytes)