LFECORP

0.170

(%)

MULTIPLE PROPOSALS LFE CORPORATION BERHAD ("LFE" OR THE "COMPANY") I. RIGHTS ISSUE; AND II. ACQUISITION (COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")

LFE CORPORATION BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
LFE CORPORATION BERHAD ("LFE" OR THE "COMPANY")

I.	RIGHTS ISSUE; AND

II.	ACQUISITION

(COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Corporate Exercises.

Reference is made to the earlier announcements dated 5 October 2020, 27 November 2020, 4 January 2021 and 10 March 2021 in relation to the Corporate Exercises.

Pursuant to the SSA dated 5 October 2020 entered into between LFE and the Vendor ("Parties") pertaining to the Acquisition, the conditions precedents of the SSA shall be fulfilled by the expiry of the Extended Approval Period, i.e. 3 April 2021.

On behalf of the Board, UOBKH is pleased to announce that the Parties of the SSA had on 1 April 2021, mutually agreed to extend the aforementioned deadline to 2 June 2021 to fulfill the conditions precedent of the SSA.

Save for the above, all other terms in the SSA shall remain unchanged and in full force, and continue to take effect and be binding on the Parties to the SSA.

 

This announcement is dated 1 April 2021.






Announcement Info

Company Name LFE CORPORATION BERHAD
Stock Name LFECORP
Date Announced 01 Apr 2021
Category General Announcement for PLC
Reference Number GA1-01042021-00083