Reference is made to the announcement on 15 December 2016.
The Board of Directors of YNH wishes to announce that YNH Hospitality Sdn Bhd ('Vendor'), a wholly-owned subsidiary of YNH, had on 26 January 2017, entered into a sale and purchase agreement ('SPA') with Pantai Medical Centre Sdn Bhd ('Purchaser') for the disposal of a piece of land held under HSD 33527, Lot PT 17283 Mukim Lumut Daerah Manjung, Negeri Perak comprising an area of approximately 19,986 square meters on which has been erected a 5-storey hospital facility currently known as 'Pantai Hospital Manjung' ('Property') for a total cash consideration of RM63,000,000.00 ('Sales Consideration') ('Disposal').
Please refer to the attached file for the full text of the announcement.
This announcement is dated 26 January 2017.
YNH Property Bhd published this content on 26 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 January 2017 02:29:06 UTC.
Original documenthttp://ynhb.listedcompany.com/news.html/id/565286
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