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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS Y&G CORPORATION BHD ("Y&G" or "the Company") - Proposed Acquisition of Land for a Cash Consideration of RM14.5 million ("Proposed Land Acquisition")

Y&G CORPORATION BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description
Y&G CORPORATION BHD ("Y&G" or "the Company")
- Proposed Acquisition of Land for a Cash Consideration of RM14.5 million ("Proposed Land Acquisition")

Y&G Corporation Bhd (“Y&G” or “the Company”) wishes to announce that Duta Asiana Sdn Bhd (“DASB”), a wholly-owned subsidiary of the Company has on 5 October 2021 entered into a Sale and Purchase Agreement (“the SPA”) with Asian Regal Holdings Sdn Bhd (“ARHSB”) for the acquisition of 9 pieces of freehold land (“the Land”) for a purchase consideration of RM14.5 million (“Purchase Consideration”)

 

Please refer to the attachment for the details of this announcement.

 

This announcement is dated 5 October 2021.




Please refer attachment below.

Attachments

YG_KS LAND Announcement.pdf
83.8 kB



Announcement Info

Company Name Y&G CORPORATION BHD
Stock Name Y&G
Date Announced 05 Oct 2021
Category General Announcement for PLC
Reference Number GA1-05102021-00069




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