YB

0.230

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OTHERS YB VENTURES BERHAD (FORMERLY KNOWN AS YI-LAI BERHAD) ("YBVB" OR THE "COMPANY") - ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.20 OF THE MAIN MARKET LISTING REQUIREMENTS

YB VENTURES BERHAD

Type Announcement
Subject OTHERS
Description
YB VENTURES BERHAD (FORMERLY KNOWN AS YI-LAI BERHAD) ("YBVB" OR THE "COMPANY") 
- ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.20 OF THE MAIN MARKET LISTING REQUIREMENTS

Pursuant to Paragraph 9.20 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of YBVB wishes to announce that as at 25 March 2022, the aggregate value of quoted securities acquired by the group, that has not been announced for the preceding twelve (12) months has exceeded 5% of YBVB’s latest audited consolidated net assets as at 31 December 2020. The details of the investment in the quoted securities are as follows:-

 

   

RM

% of YBVB's latest audited consolidated net assets

a.

Aggregate purchase consideration within the preceding twelve (12) months

18,542,599.30 6.552%
     

b.

Investments in quoted securities as at 25 March 2022

 
 

- Total Cost

49,232,922.90
 

- Total Book Value

49,232,922.90
 

- Total Market Value

58,442,739.13
     

 

The acquisition of the quoted securities as announced were made within the period from 25 March 2021 to 25 March 2022.

 

This announcement is dated 28 March 2022.

 






Announcement Info

Company Name YB VENTURES BERHAD
Stock Name YB
Date Announced 28 Mar 2022
Category General Announcement for PLC
Reference Number GA1-03032022-00065