Brief: Yongnam says Malaysian unit enters into agreement with Vee Sen Property
Aug 22 (Reuters) - Yongnam Holdings Ltd YNAM.SI :
* Sale and purchase agreement entered into with Vee Sen Property Sdn
* Unit Yongnam Engineering & Construction Sdn Bhd ("purchaser"), has entered
into a sale and purchase agreement with Vee Sen Property Sdn Bhd
* Says cash consideration for the purchase transaction payable is rm46.7
million
* Source text for Eikon ID:nSNZckJHy
((Further company coverage: YNAM.SI ))
((Bangalore.newsroom@thomsonreuters.com))
Recent news on Yongnam Holdings
See all newsBrief: Yongnam Holdings Updates On Applications For Winding Up & Discharge From Judicial Management
Brief: Yongnam Holdings Submits Applications For Winding Up On 1 Aug
Brief: Yongnam Says Novation Of Sub-Contract J109 Project
Brief: Yongnam Says Unit Enters Sale & Purchase Deal
Brief: Yongnam - Continued To Engage With Bankers For Realisation Of Their Security Interests To Reduce Bank Debts