LBALUM

0.480

+0.035 (+7.9%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS LB ALUMINIUM BERHAD ("LBA" OR THE "COMPANY") SUBSCRIPTION OF SHARES BY GREENTECH PARAMOUNT SDN BHD ("GPSB"), A WHOLLY OWNED SUBSIDIARY OF THE COMPANY, IN PEMBINAAN SERTA HEBAT SDN BHD ("PSH")

LB ALUMINIUM BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
LB ALUMINIUM BERHAD ("LBA" OR THE "COMPANY")

SUBSCRIPTION OF SHARES BY GREENTECH PARAMOUNT SDN BHD ("GPSB"), A WHOLLY OWNED SUBSIDIARY OF THE COMPANY, IN PEMBINAAN SERTA HEBAT SDN BHD ("PSH")

The Board of Directors of the Company wishes to announce that its wholly owned subsidiary, GPSB, has on 16 May 2019 subscribed for 2,005,000 new ordinary shares representing 50.06% of equity interest in PSH for a cash consideration of Ringgit Malaysia Two Million and Five Thousand (RM2,005,000) only. 

 

Please refer to the attachment for further details.




Please refer attachment below.



Announcement Info

Company Name LB ALUMINIUM BERHAD
Stock Name LBALUM
Date Announced 17 May 2019
Category General Announcement for PLC
Reference Number GA1-17052019-00060