Uni Wall APS Holdings Berhad (KLSE:UNIWALL) acquired UNI WALL PROPERTIES SDN BHD from Siow Hon Yong and Siow Hon Yuen for MYR 2 on January 15, 2020. As per terms of transaction, Uni Wall APS Holdings Berhad will acquire one share each from both Siow Hon Yong and Siow Hon Yuen. Upon completion, Uni Wall Properties will be a wholly-owned subsidiary of the Uni Wall APS Holdings Berhad. The Acquisition is not subject to the approval of the shareholders of the Uni Wall APS Holdings Berhad or any other regulatory authorities in Malaysia. Board of Uni Wall APS Holdings Berhad approved the acquisition. The Acquisition will not have any effect on the issued share capital and shareholdings of the substantial shareholders of Uni Wall, and is not expected to have any material effect on the earnings per share, net assets per share and gearing of the Uni Wall’s group of companies (“Group”) for the financial year ending December 31, 2020. Uni Wall APS Holdings Berhad (KLSE:UNIWALL) acquired UNI WALL PROPERTIES SDN BHD from Siow Hon Yong and Siow Hon Yuen on January 15, 2020.