TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS LION DIVERSIFIED HOLDINGS BERHAD ("LDHB" OR THE "COMPANY") Contract-to-work agreement between Banting Resources Sdn Bhd, a wholly-owned subsidiary of LDHB and Lion Tin Sdn Bhd in respect of the Mining Activities to be carried out on the Mining Land
LION DIVERSIFIED HOLDINGS BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description | LION DIVERSIFIED HOLDINGS BERHAD ("LDHB" OR THE "COMPANY") Contract-to-work agreement between Banting Resources Sdn Bhd, a wholly-owned subsidiary of LDHB and Lion Tin Sdn Bhd in respect of the Mining Activities to be carried out on the Mining Land |
We refer to the announcements dated 11 October 2017 and 2 November 2017 made by the Company in relation to the Proposed Award of Contract (“Earlier Announcements”). Unless otherwise stated, the definitions used throughout this announcement shall have the same meanings as defined in the Earlier Announcements. The Board of Directors of LDHB wishes to announce that the shareholders of the Company have on 22 November 2017, approved the Proposed Award of Contract, hence, the Condition Precedent for the Proposed Award of Contract has been fully satisfied on 22 November 2017 and the Agreement has become unconditional and effective. Following thereto, the Original Agreement shall be deemed to be mutually terminated. |
Announcement Info
Company Name | LION DIVERSIFIED HOLDINGS BERHAD |
Stock Name | LIONDIV |
Date Announced | 22 Nov 2017 |
Category | General Announcement for PLC |
Reference Number | GA1-22112017-00099 |