|Company Name||YONG TAI BERHAD|
|Date Announced||28 Jun 2022|
|Category||General Announcement for PLC|
YONG TAI BERHAD ("YTB" OR "THE COMPANY") SHARE ACQUISITION AGREEMENT BETWEEN YTB AND TAN YEN YEN ("THE VENDOR") IN RELATION TO THE SALES AND PURCHASE OF 70% OF THE ISSUED AND PAID-UP CAPITAL OF HUOBI LABUAN LIMITED ("SHARE ACQUISITION AGREEMENT")
Unless otherwise stated, all capitalised terms set out herein shall have the same meanings as those set out in YTB’s announcements dated 8 June 2021 in relation to the Share Acquisition Agreement.
The Board of Directors of YTB wishes to inform that the Company have agreed with the Vendor for the extension to complete the Share Acquisition Agreement on or before 31 December 2022. All other terms and provisions of the Share Acquisition Agreement shall remain in full force and continue to take effect.
This announcement is dated 28 June 2022.