LUXCHEM

0.530

-0.01 (-1.9%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS LUXCHEM CORPORATION BERHAD ("LCB" OR "THE COMPANY") - PROPOSED ACQUISITION OF PROPERTY BY LUXCHEM TRADING SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF LCB.

LUXCHEM CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
LUXCHEM CORPORATION BERHAD ("LCB" OR "THE COMPANY")

- PROPOSED ACQUISITION OF PROPERTY BY LUXCHEM TRADING SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF LCB.

The Board of Directors of Luxchem Corporation Berhad (“LCB” or “the Company”) wishes to voluntarily announce that Luxchem Trading Sdn. Bhd. (“LTSB”), a wholly-owned subsidiary of the Company, has on 20 April 2022, entered into the Sale and Purchase Agreement to purchase the whole and entire building identified as Block N, Jaya One 72A, Jalan Prof Diraja Ungku Aziz, 46200 Petaling Jaya, Selangor Darul Ehsan for a consideration of RM19,880,000.00.

 

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

 

This announcement is dated  20 April 2022.




Please refer attachment below.



Announcement Info

Company Name LUXCHEM CORPORATION BERHAD
Stock Name LUXCHEM
Date Announced 20 Apr 2022
Category General Announcement for PLC
Reference Number GA1-14042022-00038