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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS YEE LEE CORPORATION BHD. ("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")

Amended Announcements
Please refer to the earlier announcement reference number: GA1-27092019-00095

YEE LEE CORPORATION BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
YEE LEE CORPORATION BHD. ("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")

The Board of Directors of YLC wishes to announce that Canpac Sdn. Bhd. (110093-M) and Yee Lee Trading Co. Sdn. Bhd. (7849-A), both are wholly-owned subsidiaries of the Company had on 27 September 2019 entered into a Sale and Purchase Agreement with Panaheights Development Sdn. Bhd. (882282-D) 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 30 September 2019.
 

 




Please refer attachment below.



Announcement Info

Company Name YEE LEE CORPORATION BHD
Stock Name YEELEE
Date Announced 30 Sep 2019
Category General Announcement for PLC
Reference Number GA1-30092019-00061