The Board of Directors of YLI wishes to announce that Yew Lean Foundry & Co Sdn. Bhd., a wholly-owned subsidiary of YLI has on 27 July 2026, entered into a Sale and Purchase Agreement ("the Agreement") with FR Development Asia Sdn. Bhd. (hereinafter referred to as "FDASB" or "the Purchaser'') to dispose 1 unit of single storey detached factory erected on land held under HS(D) 37820 (PT 434) Mukim 6, Daerah Seberang Perai Tengah, Pulau Pinang (herein referred to as the "Property") for a total cash consideration of RM14,000,000.00 ("Disposal Consideration") upon the terms and conditions as stipulated in the Agreement.
For full details of the announcement, please refer to the attached file.
This announcement is dated 27 July 2026.
Please refer to the attachment below.