GREENYB

0.200

+0.005 (+2.6%)

MEMORANDUM OF UNDERSTANDING MEMORANDUM OF UNDERSTANDING ENTERED INTO BETWEEN GIVNFLOW CO. LTD (VIETNAM) ("GIVNFLOW" OR "SELLER"), A WHOLLY-OWNED SUBSIDIARY OF GIM TRIPLE SEVEN SDN BHD ("GTS"), WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF GREENYIELD BERHAD ("GREENYIELD" OR "THE COMPANY"), AND SNP CO. LTD ("SNP" OR "BUYER")

GREENYIELD BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description
MEMORANDUM OF UNDERSTANDING ENTERED INTO BETWEEN GIVNFLOW CO. LTD (VIETNAM) ("GIVNFLOW" OR "SELLER"), A WHOLLY-OWNED SUBSIDIARY OF GIM TRIPLE SEVEN SDN BHD ("GTS"), WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF GREENYIELD BERHAD ("GREENYIELD" OR "THE COMPANY"), AND SNP CO. LTD ("SNP" OR "BUYER")

Reference is made to the announcements dated 26 September 2019 and 25 March 2020. Unless otherwise stated, defined terms used in this announcement shall have the same meanings as those used in the announcements.

 

The Board of Directors of Greenyield wishes to announce that the Proposed Disposal of assets attached to the land and Transfer of land use right to SNP had been completed on 16 September 2020.

 

This announcement is dated 17 September 2020.






Announcement Info

Company Name GREENYIELD BERHAD
Stock Name GREENYB
Date Announced 17 Sep 2020
Category General Announcement for PLC
Reference Number GA1-10092020-00006