YNH

YNH Property Defers RM34.41 Million In Coupon Payments YNH Property Bhd has deferred RM34.41 million in coupon payments under two tranches of its perpetual securities programme as it preserves cash for ongoing developments, including Solasta Dutamas and its township projects in Seri Manjung. The total amount includes current coupon obligations, previously deferred payments and additional coupons...

YNH Property Adds Detail To Its Jalan Sultan Ismail Disposal YNH Property Bhd has provided further details on its proposed RM455 million disposal of a freehold commercial development parcel along Jalan Sultan Ismail in Kuala Lumpur, giving investors a clearer view of the valuation, net book value, estimated gain and redeemable preference share structure attached to the transaction. The land is being sold...

Chin Hin Group Secures Strategic Land in Segambut After Exiting JV with YNH Property The Kuala Lumpur property landscape sees a strategic shift as Chin Hin Group Property Bhd (KL:CHGP) moves forward with the direct acquisition of a 6.49-acre parcel in Segambut, originally earmarked for a joint development with YNH Property Bhd (KL:YNHPROP). Instead of co-developing the land into serviced apartments under...

YNH Property’s Special Independent Review (SIR) & Its Impact on the Market Malaysia’s property market is set to see potential shifts as YNH Property Bhd (KL:YNHPROP) nears the completion of its special independent review (SIR). The independent assessment, conducted by Messrs UHY, aims to clarify financial discrepancies in joint ventures (JVs) and turnkey contracts signed by its subsidiary, Kar Sin...