LEONFB

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION BY LEON FUAT METAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF LEON FUAT BERHAD OF A PIECE OF LEASEHOLD LAND IN MUKIM KAPAR, KLANG, SELANGOR

LEON FUAT BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED ACQUISITION BY LEON FUAT METAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF LEON FUAT BERHAD OF A PIECE OF LEASEHOLD LAND IN MUKIM KAPAR, KLANG, SELANGOR

The Board of Directors of Leon Fuat Berhad (“LFB” or the “Company”) wishes to announce that Leon Fuat Metal Sdn Bhd, a wholly-owned subsidiary of the Company, has on 30 July 2021 entered into a sale & purchase agreement with Irama Utama Sdn Bhd for the acquisition of all that piece of leasehold land held under individual title No. H.S.(M) 47185, No. PT 65648, Mukim Kapar, Daerah Klang, Negeri Selangor for a purchase price of RM20,425,146.10 (“Proposed Acquisition”).

 

Please refer to the attachment for details of the Proposed Acquisition.

 

This announcement is dated 30 July 2021.

 




Please refer attachment below.

Attachments

Proposed Acq. of Land (LFM).pdf
185.6 kB



Announcement Info

Company Name LEON FUAT BERHAD
Stock Name LEONFB
Date Announced 30 Jul 2021
Category General Announcement for PLC
Reference Number GA1-27072021-00043