General Announcement::Proposed Acquisition by Dagang Sejahtera of Entire Equity Interest in Ladang Permai Damai

Issuer & Securities

Issuer/ Manager
FRASER AND NEAVE LIMITED.
Securities
FRASER AND NEAVE, LIMITED - SG1T58930911 - F99
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
25-Apr-2022 18:38:04
Status
New
Announcement Sub Title
Proposed Acquisition by Dagang Sejahtera of Entire Equity Interest in Ladang Permai Damai
Announcement Reference
SG220425OTHR1KUB
Submitted By (Co./ Ind. Name)
Samuel Lee
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Fraser and Neave, Limited (the "Company") attaches, for information, an announcement released on Bursa Malaysia this evening by Fraser & Neave Holdings Bhd ("F&NHB") on the entry by its subsidiary Dagang Sejahtera Sdn Bhd into a conditional share sale agreement to acquire the entire equity interest in Ladang Permai Damai Sdn Bhd for a cash consideration of RM215,588,160.00. The Company holds a stake of approximately 55.5% in F&NHB, which is listed on Bursa Malaysia.

Attachments

FNHB Announcement - Proposed Acquistion of Equity Interest 25.04.2022.pdf
Total size =288K