TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS LEONG HUP INTERNATIONAL BERHAD ("LHI" OR "THE COMPANY") - ACQUISITION OF A PARCEL OF LEASEHOLD INDUSTRIAL LAND IDENTIFIED AS PN 24346, LOT 102515, MUKIM KLANG, DISTRICT KLANG, STATE OF SELANGOR ("LAND") BY LEONG HUP FEEDMILL MALAYSIA SDN. BHD. ("LHFM"), A WHOLLY OWNED SUBSIDIARY OF LHI FOR A CASH CONSIDERATION OF RM6.30 MILLION ("LAND ACQUISITION")
| LEONG HUP INTERNATIONAL BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | LEONG HUP INTERNATIONAL BERHAD ("LHI" OR "THE COMPANY") - ACQUISITION OF A PARCEL OF LEASEHOLD INDUSTRIAL LAND IDENTIFIED AS PN 24346, LOT 102515, MUKIM KLANG, DISTRICT KLANG, STATE OF SELANGOR ("LAND") BY LEONG HUP FEEDMILL MALAYSIA SDN. BHD. ("LHFM"), A WHOLLY OWNED SUBSIDIARY OF LHI FOR A CASH CONSIDERATION OF RM6.30 MILLION ("LAND ACQUISITION") |
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Pursuant to paragraph 10.08 (1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of the Company wishes to announce that the Company, via its direct subsidiary, LHFM has on 28 November 2019 entered into a Sale and Purchase Agreement with Darma Canggih Sdn. Bhd. for the Land Acquisition for a total purchase consideration of RM6.30 million only. Please refer to the attachment for further details. This announcement is dated 28 November 2019. |
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Please refer attachment below.
Announcement Info
| Company Name | LEONG HUP INTERNATIONAL BERHAD |
| Stock Name | LHI |
| Date Announced | 28 Nov 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28112019-00081 |