Greenyield Berhad (KLSE:GREENYB) Select an Agreement Type-DA a 65% stake in GREENYIELD RUBBER HOLDINGS (M) LTD from Greenyield Holdings Sdn. Bhd. for MYR 81.9 million on March 21, 2022. As of April 4, 2022, On behalf of the Board, HLIB wishes to announce that an application to BNM for investment in foreign currency asset beyond the permissible limit had been submitted. As of April 29, 2022, up to approximately 226 million new Greenyield Shares to be issued, and up to 66.39 million new Greenyield Shares to be issued upon the conversion of the ICPS. As of June 10, 2022, Bursa Securities resolved to approve the listing of and quotation about the issues of new shares and approval by Bursa Securities is subject to the following conditions, Greenyield and HLIB must fully comply with the relevant provisions under the Listing Requirements, Greenyield or HLIB is required to furnish Bursa Securities with a certified true copy of the resolutions passed by the shareholders at a general meeting approving the Proposals prior to the listing and quotation of the new Greenyield Shares, Greenyield must ensure that any conversion of the ICPS will not result in non-compliance of the public security holding spread requirement, Greenyield and HLIB are required to inform Bursa Securities upon the completion of transaction, Greenyield and HLIB are required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval, and Greenyield is required to furnish Bursa Securities on a quarterly basis a summary of the total number of Shares listed pursuant to the conversion of the ICPS as at the end of each quarter together with a detailed computation of listing fees payable. On behalf of the Board, HLIB wishes to announce that all the conditions precedent under the SSA has been fulfilled or waived on August 25, 2022. Accordingly, the SSA has become unconditional in accordance with its terms and conditions on August 25, 2022.


Greenyield Berhad (KLSE:GREENYB) completed the acquisition of 65% stake in GREENYIELD RUBBER HOLDINGS (M) LTD from Greenyield Holdings Sdn. Bhd. on October 26, 2022.