Transactions (Chapter 10 Of Listing Requirements) Related Party Transactions

BackApr 28, 2015
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
ACQUISITION OF A WHOLLY-OWNED SUBSIDIARY COMPANY

The Board of Directors of YNH Property Bhd ("YNHProp" or "the Company") wishes to announce that the Company has on 28 April 2015 acquired the entire issued and paid-up share capital of YNH Utility Sdn. Bhd. ("YUSB") comprising two (2) ordinary shares of RM1.00 each from Dato' Yu Kuan Huat and Dato' Dr Yu Kuan Chon (collectively hereinafter referred to as "the vendors") for a total consideration of RM2.00 ("the Acquisition"). Please refer to the attached file for the full text of the announcement.

This announcement is dated 28 April 2015.

Please refer attachment below.

 


Announcement Info

Company Name YNH PROPERTY BERHAD
Stock Name YNHPROP
Date Announced 28 Apr 2015
Category General Announcement for PLC
Reference Number GA1-27042015-00125

Attachments

  1. Acquisition_of_YNH_Utility.pdf (Size: 217,869 bytes)