YNH clarifies KL land deal


PETALING JAYA: YNH Property Bhd has rectified the terms of an agreement in which its wholly-owned subsidiary Kar Sin Bhd entered into a sales and purchase agreement (SPA) with Great Wall Park Sdn Bhd for a 5.098-acre freehold land in Kuala Lumpur worth RM150mil.

As of this announcement, all SPA conditions had been met, awaiting members’ approval at YNH Property’s general meeting, the company said in a filing with Bursa Malaysia.

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YNHProperty , LandDeal , KualaLumpur , SPA , Rectification

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