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OTHERS LFE CORPORATION BERHAD ("LFE" or "the Company") JOIN VENTURE AGREEMENT BETWEEN AZIHO TRADING SDN BHD AND LFE DEVELOPMENT SDN BHD, A 60% OWNED SUBSIDIARY OF LFE

LFE CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
LFE CORPORATION BERHAD ("LFE" or "the Company")
JOIN VENTURE AGREEMENT BETWEEN AZIHO TRADING SDN BHD AND LFE DEVELOPMENT SDN BHD, A 60% OWNED SUBSIDIARY OF LFE

The Board of Directors of LFE is pleased to announce that LFE Development Sdn Bhd, a 60% owned subsidiary of the Company (“LDSB” or “Developer”) had on 16 August 2023 entered into a Joint Venture (“JV”) Agreement with Aziho Trading Sdn Bhd [Registration no. 198301013792 (109185-M)] (“ATSB” or “Landowner”) for the development, construction and subsequent selling of a housing project namely, Taman Residensi Mesra, Phase 4 (“Development”), on a parcel of freehold land known as Geran 85295, Lot 21, Daerah Kuala Muda, Kedah Darul Aman, measuring approximately 175 hectares (“Development Land”).

 

The details of the announcement is attached herewith.

 

This announcement is dated 16 August 2023.




Please refer attachment below.



Announcement Info

Company Name LFE CORPORATION BERHAD
Stock Name LFECORP
Date Announced 16 Aug 2023
Category General Announcement for PLC
Reference Number GA1-15082023-00037



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