General Meetings: Outcome Of Meeting
BackJul 21, 2025
| Type of Meeting | Extraordinary |
| Indicator | Outcome of Meeting |
| Date of Meeting | 21 Jul 2025 |
| Time | 12:00 PM |
| Venue(s) | Hotel Sfera, 2479, Jalan Dato' Yu Neh Huat, Taman Samudera, 32040 Sri Manjung, Perak Darul Ridzuan, Malaysia |
| Outcome of Meeting |
The Board of Directors of YNH Property Bhd. ("the Company") is pleased to announce that the resolution as set out in the Notice of the Extraordinary General Meeting ("EGM") dated 4 July 2025 were duly passed by the shareholders of the Company at the EGM held today, 21 July 2025. The resolution was voted by way of poll and the result of the poll were validated by Symphony Corporate Services Sdn. Bhd., an independent scrutineer appointed by the Company. This announcement is dated 21 July 2025. |
Voting Results |
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1. ORDINARY RESOLUTION |
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| Description | PROPOSED DISPOSAL OF AEON MALL SERI MANJUNG SITUATED AT PUSAT PERNIAGAAN MANJUNG POINT 3, 32040 SERI MANJUNG, PERAK BY KAR SIN BHD (REGISTERED OWNER) AND YNH HOSPITALITY SDN BHD (THE VENDOR) BOTH ARE WHOLLY-OWNED SUBSIDIARY OF THE COMPANY TO RHB TRUSTEES BERHAD (THE PURCHASER) AS TRUSTEE OF SUNWAY REAL ESTATE INVESTMENT TRUST FOR A TOTAL CASH CONSIDERATION OF RM138 MILLION ("PROPOSED DISPOSAL") | |
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 13 | 2 |
| No. of Shares | 119,514,490 | 56,712,995 |
| % of Voted Shares | 67.8183 | 32.1817 |
| Result | Accepted | |
Announcement Info
| Company Name | YNH PROPERTY BERHAD |
| Stock Name | YNHPROP |
| Date Announced | 21 Jul 2025 |
| Category | General Meeting |
| Reference Number | GMA-20072025-00002 |
| Corporate Action ID | MY250720MEET0002 |