TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS LONDON BISCUITS BERHAD (IN LIQUIDATION) ("THE COMPANY" OR "LBB") - PROPOSED DISPOSAL OF CERTAIN ASSETS OF THE COMPANY FOR A TOTAL CASH CONSIDERATION OF RM70.0 MILLION (WA-28PW-216-06/2020)
| LONDON BISCUITS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | LONDON BISCUITS BERHAD (IN LIQUIDATION) ("THE COMPANY" OR "LBB")
- PROPOSED DISPOSAL OF CERTAIN ASSETS OF THE COMPANY FOR A TOTAL CASH CONSIDERATION OF RM70.0 MILLION (WA-28PW-216-06/2020) |
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We refer the Company’s previous announcement dated 6 May 2020, 19 June 2020, 22 June 2020, 30 June 2020 and 15 July 2020 (“Announcements”). Unless otherwise defined in this announcement, the terms used herein shall have the same meaning as defined in the Announcements. The Company wishes to announce that all terms and conditions of the ASA dated 6 May 2020 between the Company with PPSB (as purchaser) and Mamee (as guarantor) for the Proposed Disposal have been fulfilled. The Proposed Disposal has been completed between all parties effectively on 5 August 2020. This announcement is dated 6 August 2020. |
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Announcement Info
| Company Name | LONDON BISCUITS BERHAD |
| Stock Name | LONBISC |
| Date Announced | 06 Aug 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05082020-00094 |