YLI

0.435

-0.005 (-1.1%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS YLI HOLDINGS BERHAD (“YLI” OR THE “COMPANY”) (I) PROPOSED ACQUISITION OF 525,000 ORDINARY SHARES OF RM1.00 EACH IN HALUAN PRISMA SDN BHD (“HPSB”), REPRESENTING 70% EQUITY INTEREST IN HPSB FOR A PURCHASE CONSIDERATION OF RM1,162,598 (“PROPOSED HPSB ACQUISITION”); AND (II) PROPOSED ACQUISITION OF 2,130,800 ORDINARY SHARES OF RM1.00 EACH IN MRPI PIPES SDN BHD (“MPIPES”), REPRESENTING 70% EQUITY INTEREST IN MPIPES FOR A PURCHASE CONSIDERATION OF RM5,393,877 (“PROPOSED MPIPES ACQUISITION”) (COLLECTIVELY REFERRED TO AS THE “PROPOSED ACQUISITIONS”)

YLI HOLDINGS BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
DescriptionYLI HOLDINGS BERHAD (“YLI” OR THE “COMPANY”)

(I) PROPOSED ACQUISITION OF 525,000 ORDINARY SHARES OF RM1.00 EACH IN HALUAN PRISMA SDN BHD (“HPSB”), REPRESENTING 70% EQUITY INTEREST IN HPSB FOR A PURCHASE CONSIDERATION OF RM1,162,598 (“PROPOSED HPSB ACQUISITION”); AND

(II) PROPOSED ACQUISITION OF 2,130,800 ORDINARY SHARES OF RM1.00 EACH IN MRPI PIPES SDN BHD (“MPIPES”), REPRESENTING 70% EQUITY INTEREST IN MPIPES FOR A PURCHASE CONSIDERATION OF RM5,393,877 (“PROPOSED MPIPES ACQUISITION”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSED ACQUISITIONS”)

Announcement Info

Company NameYLI HOLDINGS BERHAD  
Stock Name YLI    
Date Announced22 Sept 2014  
CategoryGeneral Announcement
Reference NoML-140922-38693

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