The Board of Directors of Yenher is pleased to announce that YAP had on 26 September 2024 entered into a Contract (“Contract”) with Famsun to purchase two pellet mills, one Fish Mill, one Pet Food and 2X1500T+4X300T silos (“Machinery”) for a cash consideration of USD4,418,000 (United States Dollar Four Million Four Hundred and Eighteen Thousand) only or equivalent to approximately RM18,555,600 (Ringgit Malaysia Eighteen Million Five Hundred Fifty Five Thousand and Six Hundred) only (“Purchase Consideration”).
Please refer to the details in the announcement attached.
This announcement is dated 26 September 2024