YBS INTERNATIONAL BERHAD (YBS OR COMPANY)

PROPOSED ACQUISITION BY ORIENTAL FASTECH MANUFACTURING SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF YBS, OF A PIECE OF INDUSTRIAL LAND TOGETHER WITH THE BUILDING ERECTED THEREON KNOWN AS PLOT 300 AT PENANG SCIENCE PARK, PENANG FROM PENANG DEVELOPMENT CORPORATION FOR A TOTAL CASH CONSIDERATION OF RM24,029,874 (PROPOSED ACQUISITION)

We refer to the Company’s announcement dated 19 December 2019, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1) The description of the “other structures” as disclosed in Section 1 of the announcement, and the amount of lettable space.
2) The number of storeys and the amount of lettable space of the factory.
3) The date of payment of the two instalments of RM2,402,987.40 each respectively.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

Yours faithfully,
Listing 

Regulation
 

Cc : Market Surveillance Dept. , Securities Commission (via fax)