TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS Y.S.P. SOUTHEAST ASIA HOLDING BHD. - ACQUISITION OF PROPERTIES BY Y.S.P. INDUSTRIES (M) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF Y.S.P. SOUTHEAST ASIA HOLDING BHD.
Y.S.P.SOUTHEAST ASIA HOLDING BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description | Y.S.P. SOUTHEAST ASIA HOLDING BHD. - ACQUISITION OF PROPERTIES BY Y.S.P. INDUSTRIES (M) SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF Y.S.P. SOUTHEAST ASIA HOLDING BHD. |
Pursuant to paragraph 10.08(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Y.S.P. Southeast Asia Holding Berhad (“YSPSAH” or “the Company”) wishes to announce that Y.S.P. Industries (M) Sdn. Bhd. (“YSPI” or “the Purchaser”), a wholly-owned subsidiary of YSPSAH, had on 3rd August 2020 entered into Sale and Purchase Agreements with the related party, Tien Te (M) Sdn. Bhd. (“TTSB” or “the Vendor”) for the acquisition of two (2) properties for a total cash consideration of RM2.84 million. Please refer to attachment for further details of the announcement. This announcement is dated 3rd August 2020. |
Please refer attachment below.
Announcement Info
Company Name | Y.S.P.SOUTHEAST ASIA HOLDING BERHAD |
Stock Name | YSPSAH |
Date Announced | 03 Aug 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-30072020-00018 |