YNH to sell properties worth RM422.5mil to ALX Asset

KUALA LUMPUR: YNH Property Bhd will dispose of two properties for RM422.50 million in cash to ALX Asset Bhd.

In a filing with Bursa Malaysia, YNH said the two properties are the 163 Retail Park shopping centre for RM270.50 million and the AEON Seri Manjung shopping centre and the freehold land it was erected on for RM152 million.