Memorandum of Understanding

BackDec 21, 2015
Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN KAR SIN BERHAD, A WHOLLY-OWNED SUBSIDIARY OF YNH PROPERTY BERHAD AND RUBY PREMIUM SDN. BHD. FOR THE PROPOSED DEVELOPMENT OF LOT 2497, LOT 2498 & LOT 2499, MUKIM KUALA LUMPUR.

The Board of Directors of YNH Property Berhad ("YNH") ("Board") wishes to announce that Kar Sin Berhad ("KSB"), a wholly-owned subsidiary of YNH had on 21 December 2015 signed  a MOU with Ruby Premium Sdn. Bhd. ("RPSB"), a wholly-owned subsidiary of Fong Yu Investments Pte. Ltd. for the development of Lands.

The full details of the announcement are attach herewith.

This announcement is dated 21 December 2015.



Please refer attachment below.

 

Announcement Info

Company Name YNH PROPERTY BERHAD
Stock Name YNHPROP
Date Announced 21 Dec 2015
Category General Announcement for PLC
Reference Number GA1-21122015-00028

Attachments

  1. YNH-MOU_21.12.2015.pdf (Size: 206,585 bytes)