TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS YLI HOLDINGS BERHAD ("YLI"OR "COMPANY") PROPOSED ACQUISITION BY YLI OF 80% EQUITY INTEREST IN DAMINI CORPORATION SDN BHD FOR A PURCHASE CONSIDERATION OF RM10.0 MILLION TO BE SATISFIED VIA A COMBINATION OF CASH AND ISSUANCE OF NEW ORDINARY SHARES IN YLI ("PROPOSED ACQUISITION")
| YLI HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | YLI HOLDINGS BERHAD ("YLI"OR "COMPANY")
PROPOSED ACQUISITION BY YLI OF 80% EQUITY INTEREST IN DAMINI CORPORATION SDN BHD FOR A PURCHASE CONSIDERATION OF RM10.0 MILLION TO BE SATISFIED VIA A COMBINATION OF CASH AND ISSUANCE OF NEW ORDINARY SHARES IN YLI ("PROPOSED ACQUISITION") |
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Reference is made to the Company’s announcement dated 3 July 2024 and subsequent announcements in relation to the Proposed Acquisition (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, HLIB wishes to announce that the Proposed Acquisition has been completed following the listing of and quotation for 10,000,000 new YLI Shares on the Main Market of Bursa Securities today.
This announcement is dated 10 January 2025. |
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Announcement Info
| Company Name | YLI HOLDINGS BERHAD |
| Stock Name | YLI |
| Date Announced | 10 Jan 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08012025-00013 |