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News about YNH Property

Chin Hin to undertake high-rise project on its own, after YNH Property revokes joint development deal

Jul 16

YNH Property and Chin Hin—along with the land’s registered proprietor, New York Empire Sdn Bhd—have now agreed to revoke that agreement and proceed with a direct land sale to Chin Hin.

READ MORE

YNH Property launches governance reforms, highlights progress at RM771m JV project

Apr 14

The property developer highlighted that one of its key JV projects, Solasta Dutamas — a three-tower residential development in Mont Kiara with a gross development value of RM771 million — is progressing well and is on track for completion in 2026.

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YNH Property's independent review reveals interconnected directors, shareholders in RM1.1b JV deals

Apr 11

The review also found that many JV companies shared common addresses and company secretaries.

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YNH Property expects independent review of contracts to be completed by April 9

Apr 03

The company told Bursa Malaysia on Thursday that its audit committee convened a meeting on March 25 to receive an update from Messrs UHY on the draft special independent review (SIR) report.

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YNH Property to release independent review of JV and turnkey contracts by March 17

Feb 18

"The company is closely monitoring the progress, and will release further announcements if there are any significant developments.

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YNH Property expects independent review of JV and turnkey contracts to be completed by Feb 15

Jan 27

The property developer informed Bursa Malaysia that UHY is in the final stages of completing the assessment, with the remaining pending items being cheque images from the bank.

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YNH Property’s MD Kuan Huat replaces brother Kuan Chon as new chairman

Dec 18

The property developer’s bourse filing on Wednesday announcing the redesignation did not disclose the reason behind the boardroom change.

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YNH Property's external auditor casts doubt on FY2024 accounts

Nov 04

Morison LC PLT noted that during FY2024, certain turnkey contracts were terminated or deemed incomplete, leading to the reclassification of RM66.

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YNH Property extends conditional period for RM215 mil sale of 163 Retail Park to Sunway REIT till Sept 26

Jun 28

YNH Property in January announced its plan to sell the seven-storey retail shopping centre to Sunway REIT for RM215 million in cash.

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YNH Property appoints UHY for independent review of JV, turnkey contracts

Jun 13

The independent assessment was initiated after its former statutory auditor, Baker Tilly Monteiro Heng PLT, issued a qualified opinion on a sum totalling RM1.

READ MORE
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