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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").

(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the Company’s announcement dated 5 September 2023)

 

Reference is made to the Company’s announcements dated 5 September 2023 and 8 September 2023 in relation to the Proposed Acquisition.

 

The Board of Directors of LPB wishes to announce that the Purchaser had paid the Balance Sum amounting to RM46,800,000.00 and the Vendor’s Solicitor has confirmed the receipt of the same on 4 December 2023. In this respect, the Proposed Acquisition shall be deemed completed on 4 December 2023.

 

This announcement is dated 4 December 2023.






Announcement Info

Company Name LAGENDA PROPERTIES BERHAD
Stock Name LAGENDA
Date Announced 04 Dec 2023
Category General Announcement for PLC
Reference Number GA1-04122023-00048



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