Asset Acquisitions and Disposals::(1) Proposed disposal, (2) Update on the arbitration claim and (3) Proposed distribution

Issuer & Securities

Issuer/ Manager
LION ASIAPAC LIMITED
Securities
LION ASIAPAC LTD - SG1BD6000002 - BAZ
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
29-May-2025 18:17:14
Status
New
Announcement Sub Title
(1) Proposed disposal, (2) Update on the arbitration claim and (3) Proposed distribution
Announcement Reference
SG250529OTHRVP8S
Submitted By (Co./ Ind. Name)
Kem Huey Lee Sharon
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
(1) The proposed disposal of all the issued shares in Compact Energy Sdn. Bhd. (Entry into amended and restated share purchase agreement)

(2) Update on the arbitration claim

(3) The proposed distribution to shareholders subject to and upon completion of the proposed disposal


Please refer to the attachment.

Attachments

Announcement.pdf
Total size =265K