<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 15): YNH Property Bhd’s chairman Datuk Dr Yu Kuan Chon sold another 1.76% stake in the company today, trimming his direct stake to 20.01%.</p></div>

<div class=newsTextDataWrapInner><p>Yu disposed of the stake, comprising 9.26 million shares, for RM11.01 million or RM1.19 per share. This represents a discount of nearly 12% when compared with the stock’s closing price of RM1.35 on the open market.</p></div>

<div class=newsTextDataWrapInner><p><em>Bloomberg</em> data showed a total of 21.27 million shares or a 4.05% stake in YNH traded off-market today.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Besides Yu’s transaction, which was announced to the stock exchange today, two other tranches of 9.01 million and three million shares crossed, also at RM1.19 apiece, for RM10.72 million and RM3.57 million respectively.</p></div>

<div class=newsTextDataWrapInner><p>However, parties involved in the two dealings are not immediately known.</p></div>

<div class=newsTextDataWrapInner><p>Yesterday, Yu had reduced his stake in the property developer by 4.52% to 21.77%. He also owns an indirect stake of 6.59%.</p></div>

<div class=newsTextDataWrapInner><p>On the open market, the counter saw a total of 385,000 shares done today, for a market capitalisation of RM709.21 million.</p></div>


KUALA LUMPUR (Aug 15): YNH Property Bhd’s chairman Datuk Dr Yu Kuan Chon sold another 1.76% stake in the company today, trimming his direct stake to 20.01%.

Yu disposed of the stake, comprising 9.26 million shares, for RM11.01 million or RM1.19 per share. This represents a discount of n...

YNH Property chairman Dr Yu trims stake again

Israel has attacked Iran, three people familiar with the matter said, as Iranian state media reported early on Friday that its forces had destroyed drones, days after Iran launched a retaliatory drone strike on Israel.

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The music video for the song was aired on the sta...

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