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YEELEE

2.190

(%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS YEE LEE CORPORATION BHD. 13585-A ("YLC" OR THE "COMPANY") ACQUISITION OF LAND BY CANPAC SDN. BHD. AND YEE LEE TRADING CO. SDN. BHD., BOTH ARE WHOLLY-OWNED SUBSIDIARIES OF THE COMPANY ("ACQUISITION")

YEE LEE CORPORATION BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
YEE LEE CORPORATION BHD. 13585-A ("YLC" OR THE "COMPANY")

ACQUISITION OF LAND BY CANPAC SDN. BHD. AND YEE LEE TRADING CO. SDN. BHD., BOTH ARE WHOLLY-OWNED SUBSIDIARIES OF THE COMPANY ("ACQUISITION")

On behalf of the Board of Directors of YLC, we wish to announce that Canpac Sdn. Bhd. (110093-M) and Yee Lee Trading Co. Sdn. Bhd. (7849-A), boht are wholly-owned subsidiaries of the Company (“Purchaser”) had on today entered into a Sale and Purchase Agreement (“SPA”) with Panaheights Development Sdn. Bhd. (882282-D) (“Vendor”) to purchase all that piece of land held under H.S. (D) 54813, PT 17391 Seksyen 20, Bandar Serendah, Daerah Ulu Selangor, Negeri Selangor measuring approximately 96234.394 square metres for a total consideration of RM25,896,000.00.

 

Details of the announcement is attached herewith.

This announcement is dated 27 September 2019.
 




Please refer attachment below.

Attachments

YLC-Acquisition of Land.pdf
140.6 kB



Announcement Info

Company Name YEE LEE CORPORATION BHD
Stock Name YEELEE
Date Announced 27 Sep 2019
Category General Announcement for PLC
Reference Number GA1-27092019-00095