TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS LAMBO GROUP BERHAD ("LAMBO" or "the Company") INVESTMENT IN SINARAN ADVANCE GROUP BERHAD ("SINARAN")
LAMBO GROUP BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
Description | LAMBO GROUP BERHAD ("LAMBO" or "the Company") INVESTMENT IN SINARAN ADVANCE GROUP BERHAD ("SINARAN") |
The Board of Directors of LAMBO wishes to announce that the Company and its subsidiary, Oriented Media Holdings Limited (“OML"), had from the period 10 September 2021 to 1 October 2021 acquired 70,076,600 ordinary shares of SINARAN ADVANCE GROUP BERHAD (Formerly known as K-Star Sports Limited) (“SINARAN”), representing 9.96% of the issued and paid up capital of SINARAN for a total cash consideration of RM6,516,530 (“Consideration”) (“Investment”) from open market.
Please refer to the attachment for further details of the Investment.
This announcement is dated 5 October 2021. |
Please refer attachment below.
Announcement Info
Company Name | LAMBO GROUP BERHAD |
Stock Name | LAMBO |
Date Announced | 05 Oct 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-05102021-00059 |