Common Contracts
1 similar null contracts
LION DIVERSIFIED HOLDINGS BERHAD (“LDHB” OR THE “COMPANY”)March 3rd, 2011
Kenanga Investment Bank Berhad (“KIBB”), on behalf of the Board of Directors of LDHB (“Board”), wishes to announce that on 3 March 2011, the Company had entered into a conditional share subscription agreement (“Subscription Agreement”) with LICB, LFIB and LBF for the Proposed Joint Venture whereby LDHB, LICB and LFIB shall invest 51%, 29% and 20% respectively, in LBF’s enlarged issued and paid-up share capital (“Agreed Proportion”) of up to RM970 million comprising up to 970 million ordinary shares of RM1.00 each (“LBF Shares”).
