Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
YNH PROPERTY BHD ("YNH" OR "COMPANY") DISPOSAL OF PROPERTY COMPRISING A BUILDING WHICH IS A 5-STOREY HOSPITAL FACILITY CURRENTLY KNOWN AS PANTAI HOSPITAL MANJUNG ERECTED ON A PIECE OF LAND MEASURING APPROXIMATELY 19,986 SQUARE METERS LOCATED AT JALAN PPMP 1, PUSAT PERNIAGAAN MANJUNG POINT, 32040 SERI MANJUNG, PERAK BY YNH HOSPITALITY SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, FOR A TOTAL CASH CONSIDERATION OF RM63,000,000.00. ("DISPOSAL OF PANTAI HOSPITAL MANJUNG") |
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We refer to our announcements dated 15 December 2016 and 26 January 2017 in relation to the Disposal of Pantai Hospital Manjung (“Announcements”). Unless otherwise defined herein, the abbreviations used in this announcement are the same as those previously defined in the Announcements. Pursuant to Paragraph 9.19(47)(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of YNH wishes to announce that the Disposal of Pantai Hospital Manjung has been completed in accordance with the terms and conditions of the Sales and Purchase Agreement. This announcement is dated 14 July 2017. |
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Announcement Info
| Company Name | YNH PROPERTY BERHAD |
| Stock Name | YNHPROP |
| Date Announced | 14 Jul 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-14072017-00062 |