We refer to your Company's announcement dated 5 October 2021, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Malaysia Securities Berhad (“Bursa Securities”) with the following additional information for public release:- 1. Name of the directors and substantial shareholders of ARHSB together with their respective direct and/or indirect shareholdings in ARHSB. 2. The basis of arriving at the purchase consideration of RM14.5 million, other than on a “willing buyer willing seller basis”. 3. Relevant information on the Land as required under item 1, 2 and 4, Part C of Appendix 10A of the Listing Requirements. 4. To quantify the premium required to be paid to relevant authorities to convert the agriculture land to development land. 5. Further elaboration on the statement “Given the strategic location and accessibility of the Land, Y&G stands to benefit from the prospect of an immediate development”. 6. To disclose the total size of land bank as well as its location owned by Y&G and to provide the outstanding project development currently undertaken by Y&G and its project development status. 7. To disclose the cash/bank balances held by Y&G as at the latest management accounts. Please furnish Bursa Securities with your reply within one (1) market day from the date hereof. Yours faithfully Listing Regulation cc:- Market Surveillance, Securities Commission (via fax) |