YNH Property Publishes 2026 Annual Report
Bitget2026/10/30 11:43- YNH Property reduced borrowings through asset disposals in fiscal 2026, while revenue declined and its pretax loss widened.
- A conditional agreement signed July 8, 2026, covers the Jalan Sultan Ismail land sale to Chin Hin for RM 455 million.
- Proceeds are earmarked mainly for redeeming perpetual securities and settling deferred coupons.
- The proposed RM 170 million Desa Sri Hartamas land sale to Sunway remains subject to shareholder approval; its conditional period ends December 31, 2026.
- Solasta Dutamas is about 67% sold, with completion and handover remaining the top operational priority.
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