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OTHERS LFE CORPORATION BERHAD ("LFE OR THE "COMPANY") ACQUISITION OF THE REMAINING 40% EQUITY INTEREST IN 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")

ACQUISITION OF THE REMAINING 40% EQUITY INTEREST IN LFE DEVELOPMENT SDN BHD., A 60% OWNED SUBSIDIARY OF LFE

The Board of Directors of LFE ("Board") wishes to announce that the Company had on 22 September 2023 entered into a conditional share sale agreement ("SSA") with Mr Patrick Heng Jin Wei ("Vendor") to acquire 100,000 units of ordinary shares of LFE Development Sdn Bhd ("LDSB") ("LDSB Sale Share(s)"), representing the remaining 40.0% equity interest in LDSB for a purchase consideration of RM3,500,000.00 only ("Purchase Consideration") ("Acquisition of LDSB").

 

The details of the announcement is attached herewith.

 

 

This announcement is dated 22 September 2023.

 

 




Please refer attachment below.



Announcement Info

Company Name LFE CORPORATION BERHAD
Stock Name LFECORP
Date Announced 22 Sep 2023
Category General Announcement for PLC
Reference Number GA1-22092023-00006



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