LIONIND

0.790

+0.015 (+1.9%)

OTHERS LION INDUSTRIES CORPORATION BERHAD ("LICB" OR "COMPANY") ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.03 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

LION INDUSTRIES CORPORATION BERHAD

Type Announcement
Subject OTHERS
Description
LION INDUSTRIES CORPORATION BERHAD ("LICB" 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 LICB wishes to announce that Antara and Lion Waterway 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.






Announcement Info

Company Name LION INDUSTRIES CORPORATION BERHAD
Stock Name LIONIND
Date Announced 30 Dec 2020
Category General Announcement for PLC
Reference Number GA1-30122020-00027