Yan Tat Group Secures Major Property Acquisition in Malaysia

Yan Tat Group Holdings Limited ( (HK:1480) ) has shared an announcement.

Yan Tat Group Holdings Limited, through its subsidiary Yan Tat Technology, has entered into a major transaction involving the acquisition of a property in Malaysia. This acquisition, valued at RM43,750,000 (approximately HK$76,562,500), is classified as a major transaction under the Listing Rules and has received approval from the controlling shareholder, eliminating the need for a general meeting. The property includes industrial land and multiple factory units, which are expected to enhance Yan Tat’s operational capacity.

More about Yan Tat Group Holdings Limited

YTD Price Performance: 8.82%

Average Trading Volume: 88,552

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$266.4M

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