OTHERS LION POSIM BERHAD ("LPB" OR "COMPANY") ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.03 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
LION POSIM BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | LION POSIM BERHAD ("LPB" OR "COMPANY") ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.03 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
We refer to the announcement by the Company on 16 December 2020 in relation to the Proposed Settlement (“Earlier Announcement”).
Unless otherwise stated, the definitions used throughout this announcement shall have the same meanings as defined in the Earlier Announcement.
The Board of Directors of LPB wishes to announce that Posim Marketing had on 30 December 2020 received a confirmation letter on the completion of the Proposed Settlement from the liquidator of LDHB. Hence, the Proposed Settlement has been completed on 30 December 2020.
Consequent thereupon, Well Morning became a subsidiary of the Company.
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Announcement Info
Company Name | LION POSIM BERHAD |
Stock Name | LIONPSIM |
Date Announced | 30 Dec 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-30122020-00024 |