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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS Lagenda Properties Berhad ("LPB") Proposed acquisition by Lagenda Harta Sdn. Bhd. (formerly known as Lagenda Property 1 Sdn. Bhd.) (a wholly-owned subsidiary of LPB) of a twelve-storey office building erected on a piece of freehold land held under Geran 54431/M1/B4/1, No. Petak 1, No. Tingkat B4, No. Bangunan M1, Lot 45821 Seksyen 39, Bandar Petaling Jaya, Daerah Petaling, Negeri Selangor ("Building").

LAGENDA PROPERTIES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
Lagenda Properties Berhad ("LPB")
Proposed acquisition by Lagenda Harta Sdn. Bhd. (formerly known as Lagenda Property 1 Sdn. Bhd.) (a wholly-owned subsidiary of LPB) of a twelve-storey office building erected on a piece of freehold land held under Geran 54431/M1/B4/1, No. Petak 1, No. Tingkat B4, No. Bangunan M1, Lot 45821 Seksyen 39, Bandar Petaling Jaya, Daerah Petaling, Negeri Selangor ("Building").

The Board of Directors of LPB wishes to announce that Lagenda Harta Sdn. Bhd. (formerly known as Lagenda Property 1 Sdn. Bhd.) [Registration No.: 202301022192 (1516115-X)] (“LHSB” or “Purchaser”), a wholly-owned subsidiary of LPB [Registration No.: 200101000008 (535763-A)] had entered into a Sale and Purchase Agreement (“SPA”) with MTrustee Berhad (“MTB" or “Vendor”) [Registration No.: 198701004362 (163032-V)] as the trustee of CapitaLand Malaysia Trust (“CLMT”) for the purpose of acquiring a twelve-storey office building known as “3 Damansara Office Tower”, erected on a piece of freehold land held under Geran 54431/M1/B4/1, No. Petak 1, No. Tingkat B4, No. Bangunan M1, Lot 45821 Seksyen 39, Bandar Petaling Jaya, Daerah Petaling, Negeri Selangor, bearing postal address of 3 Damansara Office Tower, No. 3, Jalan SS20/27, 47400 Petaling Jaya, Selangor Darul Ehsan, Malaysia (“Building”) for a total purchase price of RM52,000,000/- (Ringgit Malaysia: Fifty-Two Million) only (“Proposed Acquisition”).

 

Further details of the Proposed Acquisition are set out in the attachment.

 

This announcement is dated 5 September 2023.




Please refer attachment below.

Attachments

Proposed Acquisition (final).pdf
139.6 kB



Announcement Info

Company Name LAGENDA PROPERTIES BERHAD
Stock Name LAGENDA
Date Announced 05 Sep 2023
Category General Announcement for PLC
Reference Number GA1-05092023-00055



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