[LFECORP] Acquisitions on 25-May-2021
Announcement Date
25-May-2021
Listing Date
27-May-2021
New Type/Class?
No
Type
Acquisitions
Details
Acquisition by LFE Corporation Berhad ("LFE") of 382,500 ordinary shares in Cosmo Property Management Sdn Bhd ("CPMSB"), representing 51.0% equity interest in CPMSB from Resolute Accomplishment Sdn Bhd for a purchase consideration of RM27,540,000 to be satisfied via a combination of RM20,990,000 in cash and RM6,550,000 via the issuance of 65,500,000 new ordinary shares in LFE ("LFE Share(s)") at an issue price of RM0.10 per LFE Share
No. of shared issued
65,500,000
Issue Price
Malaysian Ringgit (MYR) 0.100
Par Value
0.000
Total NOSH
801,351,235
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
