TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS LB ALUMINIUM BERHAD ("LBA" OR THE "COMPANY") PROPOSED ACQUISITION OF A PARCEL OF LEASEHOLD INDUSTRIAL LAND TOGETHER WITH ALL THOSE INDUSTRIAL BUILDINGS AND STRUCTURES ERECTED THEREON WITHIN PT 40139, BATU 38, JALAN SENA, KAWASAN OLAK LEMPIT, 42700 BANTING, SELANGOR DARUL EHSAN HELD UNDER TITLE NO. HS(D) 35541, PT 40139, PEKAN BUKIT CHANGGANG, DAERAH KUALA LANGAT, NEGERI SELANGOR DARUL EHSAN BY THE COMPANY FROM LUCKSOON COATINGS SDN. BHD. FOR A CASH CONSIDERATION OF RM22,000,000.
| LB ALUMINIUM BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | LB ALUMINIUM BERHAD ("LBA" OR THE "COMPANY")
PROPOSED ACQUISITION OF A PARCEL OF LEASEHOLD INDUSTRIAL LAND TOGETHER WITH ALL THOSE INDUSTRIAL BUILDINGS AND STRUCTURES ERECTED THEREON WITHIN PT 40139, BATU 38, JALAN SENA, KAWASAN OLAK LEMPIT, 42700 BANTING, SELANGOR DARUL EHSAN HELD UNDER TITLE NO. HS(D) 35541, PT 40139, PEKAN BUKIT CHANGGANG, DAERAH KUALA LANGAT, NEGERI SELANGOR DARUL EHSAN BY THE COMPANY FROM LUCKSOON COATINGS SDN. BHD. FOR A CASH CONSIDERATION OF RM22,000,000. |
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The Board of Directors of the Company wishes to announce that the Company has on 3 July 2025 entered into a Sale and Purchase Agreement with Lucksoon Coatings Sdn. Bhd. (Company No. 199201013491 (244994-X)) for the acquisition of a parcel of leasehold industrial land together with all those industrial buildings and structures erected thereon within PT 40139, Batu 38, Jalan Sena, Kawasan Olak Lempit, 42700 Banting, Selangor Darul Ehsan held under title No. HS(D) 35541, PT 40139, Pekan Bukit Changgang, Daerah Kuala Langat, Negeri Selangor Darul Ehsan for a total cash consideration of Ringgit Malaysia Twenty-Two Million (RM22,000,000).
Please refer to the attachment for further details. |
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Please refer attachment below.
Announcement Info
| Company Name | LB ALUMINIUM BERHAD |
| Stock Name | LBALUM |
| Date Announced | 03 Jul 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24062025-00093 |