Circular/Notice to Shareholders

LBI CAPITAL BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED DISPOSAL OF 4 ADJOINING PARCELS OF VACANT FREEHOLD DEVELOPMENT LAND HELD UNDER TITLE NUMBERS GERAN 35066 LOT NO. 32, GERAN 80859 LOT NO. 63, GERAN 80863 LOT NO. 67 AND GERAN 80864 LOT NO. 68 IN SEKSYEN 1, BANDAR BATU FERRINGGI, DAERAH TIMOR LAUT, PULAU PINANG BY LBR INDUSTRIES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF LBI CAPITAL BERHAD, TO CRIMSON LEGEND (M) SDN. BHD., FOR A TOTAL CASH CONSIDERATION OF RM50.0 MILLION, EXCLUSIVE OF GOODS AND SERVICES TAX OF RM3.0 MILLION AND NOTICE OF EXTRAORDINARY GENERAL MEETING


Please refer attachment below.

Attachments

LBI - Circular (Final).pdf
1.5 MB



Announcement Info

Company Name LBI CAPITAL BERHAD
Stock Name LBICAP
Date Announced 29 Feb 2016
Category Document Submission
Reference Number DCS-29022016-00008