YBS

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS YBS INTERNATIONAL BERHAD ("YBS" OR "COMPANY") PROPOSED ACQUISITIONS

YBS INTERNATIONAL BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
YBS INTERNATIONAL BERHAD ("YBS" OR "COMPANY")

PROPOSED ACQUISITIONS

We refer to the announcements dated 28 May 2025 and 17 July 2025 (“Announcements”).

 

(Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)

 

On behalf of the Board, Affin Hwang IB wishes to announce that BNM had vide its letter dated 1 August 2025, resolved to approve the Proposed Acquisition of APTC of up to USD4.90 million (equivalent to approximately RM21.00 million) under the Foreign Exchange Policy Notices. BNM had also via the same letter stated that its approval for the Proposed Acquisition of ATSC amounting to USD3.94 million (approximately RM17.01 million) is not required as such investment amount is within the allowable aggregate investment limit for YBS Group (resident entities) for year 2025.
 

This announcement is dated 4 August 2025.






Announcement Info

Company Name YBS INTERNATIONAL BERHAD
Stock Name YBS
Date Announced 04 Aug 2025
Category General Announcement for PLC
Reference Number GA1-04082025-00042