Common Contracts
1 similar Joint Venture Agreement contracts
LION DIVERSIFIED HOLDINGS BERHAD (“LDHB” OR THE “COMPANY”)Joint Venture Agreement • 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”).
