YB

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OTHERS YB VENTURES 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 ("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 4 April 2022, the aggregate value of quoted securities acquired by Yi Lai Marketing Sdn Bhd and Yi-Lai Industry Berhad, the wholly-owned subsidiaries of the Company, 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:-

 

     

% of YBVB's latest audited consolidated net assets

a.

Aggregate purchase consideration within the preceding twelve (12) months which have not been previously announced

RM14,222,843.20

5.026

     

b.

Investments in quoted securities as at 4 April 2022

 
 

- Total Cost

RM63,455,766.10

 

- Total Book Value

RM63,455,766.10

 

- Total Market Value

RM79,536,985.13

     

 

The acquisition of the quoted securities as announced were made within the period from 4 April 2021 to 4 April 2022.

 

This announcement is dated 5 April 2022.






Announcement Info

Company Name YB VENTURES BERHAD
Stock Name YB
Date Announced 05 Apr 2022
Category General Announcement for PLC
Reference Number GA1-28032022-00090