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【LFECORP 7170 交流专区】隆发工程

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发表于 15-12-2019 08:33 AM | 显示全部楼层
LFE CORPORATION BERHAD

Date of change
30 Oct 2019
Name
MR GOH CHEE HOE
Age
27
Gender
Male
Nationality
Malaysia
Designation
Executive Director
Directorate
Executive
Type of change
Appointment
Qualifications
No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Professional Qualification
Major in Accounting
Association of Chartered Certified Accountants, United Kingdom (ACCA)
Member of ACCA
2
Professional Qualification
Major in Accounting
Malaysian Institute of Accountants (MIA)
Member of MIA
3
Diploma
Diploma in Business Studies (Accounting)
Tunku Abdul Rahman University College

Working experience and occupation
Mr Goh is a member of Chartered Certified Accountants, United Kingdom (ACCA) and Chartered Accountant (CA) of the Malaysian Institute of Accountants (MIA).He started his career as an audit associate with SJ Grant Thornton, a Malaysia member firm of Grant Thornton International PLT and was subsequently promoted to the management level of the accounting firm. His clientele includes both local and international companies from various diversified industries, such as property development, construction, manufacturing, trading, service line and others.After gaining considerable experience in the accounting firm, he joined a local commercial entity group as head of finance and gained wide range of exposure in various business including the property development, construction, project management, hotel, corporate matters and investment holding.

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发表于 15-1-2020 04:02 AM | 显示全部楼层
LFE CORPORATION BERHAD

Particulars of substantial Securities Holder
Name
SHAPADU CAPITAL SDN BHD
Address
Lot 10, Jalan Pelabur 23/1
Seksyen 23
Shah Alam
40000 Selangor
Malaysia.
Company No.
913522-H
Nationality/Country of incorporation
Malaysia
Descriptions (Class)
Ordinary Shares
Details of changes
No
Date of change
No of securities
Type of TransactionNature of Interest
130 Oct 2019
14,500,000
DisposedDirect Interest
Name of registered holder
Shapadu Capital Sdn Bhd
Address of registered holder
Lot 10, Jalan Pelabur 23/1 Seksyen 23 40000 Shah Alam Selangor Darul Ehsan
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred
Disposal of shares in open market
Nature of interest
Direct Interest
Direct (units)
44,177,250
Direct (%)
21.613
Indirect/deemed interest (units)
0
Indirect/deemed interest (%)
0
Total no of securities after change
44,177,250
Date of notice
04 Nov 2019
Date notice received by Listed Issuer
04 Nov 2019

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发表于 24-1-2020 05:54 AM | 显示全部楼层
Notice of Person Ceasing (Section 139 of CA 2016)
LFE CORPORATION BERHAD
Particulars of Substantial Securities Holder
Name
DATO' SRI HAJI SHAFIZ DATO' HAJI SHAHRANI
Nationality/Country of incorporation
Malaysia
Descriptions (Class)
Ordinary Shares
Date of cessation
14 Nov 2019
Name & address of registered holder
Shapadu Capital Sdn BhdLot 10, Jalan Pelabur 23/1Seksyen 2340000 Shah AlamSelangor Darul Ehsan
No of securities disposed
14,500,000
Circumstances by reason of which a person ceases to be a substantial shareholder
Cessation of indirect/deemed interests in Shapadu Corporation Sdn Bhd, wholly-owned subsidiary of Shapadu Capital Sdn Bhd pursuant to Section 8(4) of the Companies Act, 2016
Nature of interest
Indirect Interest
Date of notice
14 Nov 2019
Date notice received by Listed Issuer
14 Nov 2019

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发表于 20-3-2020 08:00 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30 Sep 2019
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Sep 2019
30 Sep 2018
30 Sep 2019
30 Sep 2018
$$'000
$$'000
$$'000
$$'000
1Revenue
5,607
0
10,320
0
2Profit/(loss) before tax
482
0
-1,302
0
3Profit/(loss) for the period
482
0
-1,302
0
4Profit/(loss) attributable to ordinary equity holders of the parent
482
0
-1,302
0
5Basic earnings/(loss) per share (Subunit)
0.24
0.00
-0.66
0.00
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.1700
0.1800

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发表于 23-3-2020 07:31 AM | 显示全部楼层
Type
Announcement
Subject
OTHERS
Description
LFE CORPORATION BERHAD ("LFE" or "the Company")FOUR (4) LETTER OF AWARDS TO LFE ENGINEERING SDN. BHD., THE WHOLLY-OWNED SUBSIDIARY OF LFE BY SHIANGLY BUILDER SDN. BHD.
The Board of Directors of LFE is pleased to announce that LFE Engineering Sdn. Bhd., the wholly-owned subsidiary of the Company had on 5 December 2019 accepted four (4) Letter of Awards dated 29 November 2019 from Shiangly Builder Sdn. Bhd. (Company No. 369232-M), as the sub-contractor for a period of approximately twenty-six (26) months for the proper completion of the following project: -

Project:-
a) 1 tingkat basement tempat letak kereta dengan mekanikal dan elektrikal
b) 1 tingkat sub-basement tempat letak kereta dengan mekanikal dan elektrikal
c) 9 tingkat podium yang mengandungi 2 tingkat kemudahan rekreasi (Tingkat bawah dan Tingkat 8) dengan mekanikal dan elektrikal (Tingkat 7)
d) 20 tingkat pangsapuri perkhidmatan dengan 4 tingkat dek lanskap (Tingkat 9, Tingkat 12, Tingkat 15 dan Tingkat 18)
e) Aras bumbung dan mekanikal
di atas sebahagian Lot No. 59214 (Parcel 14), Jalan PJU 1A/46, Mukim Damansara, Daerah Petaling Jaya, Selangor Darul Ehsan.
(collectively referred as “the Contract”)

The details of the announcement is attached herewith.

This announcement is dated 5 December 2019.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3007620

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发表于 25-3-2020 06:42 AM | 显示全部楼层
Type
Announcement
Subject
OTHERS
Description
LFE CORPORATION BERHAD ("LFE" or "the Company")LETTER OF AWARD TO LFE ENGINEERING SDN. BHD., THE WHOLLY-OWNED SUBSIDIARY OF LFE BY SHIANGLY ATHENS PARK SDN. BHD.
The Board of Directors of LFE is pleased to announce that LFE Engineering Sdn. Bhd., the wholly-owned subsidiary of the Company had on 10 December 2019 accepted the Letter of Award dated 9 December 2019 from Shiangly Athens Park Sdn. Bhd. (Company No. 244625-W), as the sub-contractor for a period of approximately nine (9) months for structural works of carpark and podium for the proper completion of the following project:-

Project:-
a) 1 tingkat basement tempat letak kereta dengan mekanikal dan elektrikal
b) 1 tingkat sub-basement tempat letak kereta dengan mekanikal dan elektrikal
c) 9 tingkat podium yang mengandungi 2 tingkat kemudahan rekreasi (Tingkat bawah dan Tingkat 8) dengan mekanikal dan elektrikal (Tingkat 7)
d) 20 tingkat pangsapuri perkhidmatan dengan 4 tingkat dek lanskap (Tingkat 9, Tingkat 12, Tingkat 15 dan Tingkat 18)
e) Aras bumbung dan mekanikal
di atas sebahagian Lot No. 59214 (Parcel 14), Jalan PJU 1A/46, Mukim Damansara, Daerah Petaling Jaya, Selangor Darul Ehsan.
(collectively referred as “the Contract”)

The details of the announcement is attached herewith.

This announcement is dated 10 December 2019.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3008634

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发表于 28-3-2020 08:41 AM | 显示全部楼层
Type
Announcement
Subject
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
LFE CORPORATION BERHAD ("LFE" OR THE "COMPANY")PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF LFE ("PROPOSED PRIVATE PLACEMENT")
On behalf of the Board of Directors of LFE ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a private placement of up to 20% of the total number of issued shares of LFE to third party investor(s) to be identified later.

Further details of the Proposed Private Placement are set out in the attachment enclosed.

This announcement is dated 18 December 2019.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3010441

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发表于 1-5-2020 07:48 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
31 Dec 2019
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Dec 2019
31 Dec 2018
31 Dec 2019
31 Dec 2018
$$'000
$$'000
$$'000
$$'000
1Revenue
8,536
0
18,856
0
2Profit/(loss) before tax
1,419
0
117
0
3Profit/(loss) for the period
1,419
0
117
0
4Profit/(loss) attributable to ordinary equity holders of the parent
1,419
0
117
0
5Basic earnings/(loss) per share (Subunit)
0.72
0.00
0.06
0.00
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.1700
0.1800

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发表于 19-5-2020 08:20 AM | 显示全部楼层
LFE CORPORATION BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?
No
Types of corporate proposal
Private Placement
Details of corporate proposal
Private placement of up to 20% of the total number of issued shares of LFE Corporation Berhad
No. of shares issued under this corporate proposal
20,000,000
Issue price per share ($$)
Malaysian Ringgit (MYR)   0.0790
Par Value($$) (if applicable)

Latest issued share capital after the above corporate proposal in the following
Units
224,403,121
Issued Share Capital ($$)
Malaysian Ringgit (MYR) 58,722,100.000
Listing Date
01 Apr 2020

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发表于 19-5-2020 08:23 AM | 显示全部楼层
LFE CORPORATION BERHAD

Date of change
31 Mar 2020
Name
ENCIK MOKHTAR BIN MOHD IDRIS
Age
52
Gender
Male
Nationality
Malaysia
Type of change
Resignation
Designation
Chief Financial Officer
Reason
To pursue other career opportunities

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发表于 20-5-2020 07:58 AM | 显示全部楼层
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
LFE CORPORATION BERHAD
Particulars of Substantial Securities Holder
Name
MR NG KOK KHENG
Nationality/Country of incorporation
Malaysia
Descriptions (Class)
Ordinary Shares
Name & address of registered holder
Ng Kok KhengNo. 12A, Jalan Saujana 1Taman Saujana Semeling08100 BedongKedah
Date interest acquired & no of securities acquired
Date interest acquired
31 Mar 2020
No of securities
20,000,000
Circumstances by reason of which Securities Holder has interest
Private Placement
Nature of interest
Direct Interest
Total no of securities after change
Direct (units)
29,200,000
Direct (%)
13.012
Indirect/deemed interest (units)
0
Indirect/deemed interest (%)
0
Date of notice
01 Apr 2020
Date notice received by Listed Issuer
01 Apr 2020

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发表于 3-8-2020 08:58 AM | 显示全部楼层
LFE CORPORATION BERHAD

Date of change
09 Jun 2020
Name
MISS JULIANA QUAH KOOI HONG
Age
51
Gender
Female
Nationality
Malaysia
Designation
Executive Director
Directorate
Executive
Type of change
Others
Description
Resigned (but disputed by Company as per remarks below)
Qualifications
No
Qualifications
Major/Field of Study
Institute/University
Additional Information

Working experience and occupation
Family relationship with any director and/or major shareholder of the listed issuer
Nil
Any conflict of interests that he/she has with the listed issuer
Yes
Details of any interest in the securities of the listed issuer or its subsidiaries
Nil



Remarks :
Ms. Juliana Quah Kooi Hong has left her employment as she claims that she has been constructively dismissed. The Board had accepted her letter addressed to the Company on the basis of without prejudice to the right of the Company to challenge and dispute the constructive dismissal.


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发表于 4-10-2020 07:33 AM | 显示全部楼层
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
LFE CORPORATION BERHAD

Particulars of substantial Securities Holder
Name
SHAPADU CAPITAL SDN BHD
Address
Suite 401, 4th Floor
Campbell Complex
98 Jalan Dang Wangi
Kuala Lumpur
50100 Wilayah Persekutuan
Malaysia.
Company No.
913522-H
Nationality/Country of incorporation
Malaysia
Descriptions (Class)
Ordinary Shares
Details of changes
No
Date of change
No of securities
Type of TransactionNature of Interest
125 Jun 2020
6,500,000
DisposedDirect Interest
Name of registered holder
Shapadu Capital Sdn Bhd
Address of registered holder
Suite 401, 4th Floor Campbell Complex 98 Jalan Dang Wangi 50100 Kuala Lumpur Wilayah Persekutuan
Description of "Others" Type of Transaction
226 Jun 2020
8,000,000
DisposedDirect Interest
Name of registered holder
Shapadu Capital Sdn Bhd
Address of registered holder
Suite 401, 4th Floor Campbell Complex 98 Jalan Dang Wangi 50100 Kuala Lumpur Wilayah Persekutuan
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred
Disposal of shares in open market
Nature of interest
Direct Interest
Direct (units)
29,677,250
Direct (%)
13.225
Indirect/deemed interest (units)
0
Indirect/deemed interest (%)
0
Total no of securities after change
29,677,250
Date of notice
29 Jun 2020
Date notice received by Listed Issuer
29 Jun 2020

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发表于 9-10-2020 08:23 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
31 Mar 2020
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
31 Mar 2020
31 Mar 2019
31 Mar 2020
31 Mar 2019
$$'000
$$'000
$$'000
$$'000
1Revenue
5,158
398
5,158
398
2Profit/(loss) before tax
-205
-855
-205
-855
3Profit/(loss) for the period
-205
-855
-205
-855
4Profit/(loss) attributable to ordinary equity holders of the parent
-205
-855
-205
-855
5Basic earnings/(loss) per share (Subunit)
-0.10
-0.46
-0.10
-0.46
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.1700
0.1700

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发表于 30-12-2020 08:16 AM | 显示全部楼层
SUMMARY OF KEY FINANCIAL INFORMATION
30 Jun 2020
INDIVIDUAL PERIOD
CUMULATIVE PERIOD
CURRENT YEAR QUARTER
PRECEDING YEAR
CORRESPONDING
QUARTER
CURRENT YEAR TO DATE
PRECEDING YEAR
CORRESPONDING
PERIOD
30 Jun 2020
30 Jun 2019
30 Jun 2020
30 Jun 2019
$$'000
$$'000
$$'000
$$'000
1Revenue
4,851
4,315
10,009
4,713
2Profit/(loss) before tax
-525
-929
-730
-1,784
3Profit/(loss) for the period
-525
-929
-730
-1,784
4Profit/(loss) attributable to ordinary equity holders of the parent
-525
-929
-730
-1,784
5Basic earnings/(loss) per share (Subunit)
-0.24
-0.47
-0.33
-0.90
6Proposed/Declared dividend per share (Subunit)
0.00
0.00
0.00
0.00


AS AT END OF CURRENT QUARTER
AS AT PRECEDING FINANCIAL YEAR END
7
Net assets per share attributable to ordinary equity holders of the parent ($$)
0.1700
0.1700

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发表于 9-1-2021 04:56 AM | 显示全部楼层
icy97 发表于 5-4-2019 05:00 AM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6100229

Type
Announcement
Subject
OTHERS
Description
LFE CORPORATION BERHAD ("LFE" or "the Company")TERMINATION OF CONTRACT ENTERED INTO BETWEEN LFE ENGINEERING SDN. BHD., THE WHOLLY-OWNED SUBSIDIARY OF LFE ("LFE ENGINEERING") AND MME REALTY & MANAGEMENT SDN. BHD. ("MME")
(Unless otherwise stated, defined terms used in this announcement shall carry the same meanings as defined in the announcements of LFE Corporation Berhad dated 20 March 2019 and 21 March 2019.)

Further to the announcements made on 20 March 2019 and 21 March 2019 in relation to the Contract entered into between LFE Engineering and MME to construct and complete a mixed residential development project known as “Taman Kemang Tiruk” on 121 parcels of land located in Mukim Serada, District of Kuala Terengganu, State of Terengganu (“the Contract”) for a period of thirty-six (36) months.

The Board of Directors of LFE wishes to announce that LFE Engineering had on today, 4 September 2020 hand over the Letter of Termination of Contract to MME.

The Termination of Contract is based on consideration of LFE Group after taking into account the following factors:

a) Insufficient information are available to ascertain the contract value for the execution and completion of the contract such as incomplete design drawings etc;

b) Based on preliminary evaluation of the development, it would ot be commercially viable to complete the contract based on fund solely generated from the unsold parcel of lands as indicated in the contract layout plan;

c) In addition, the ownership of all parcels of land (sold and unsold) in the mixed residential development cannot be determined and verified; and

d) There is no site possession being carried out.

This announcement is dated 4 September 2020.



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发表于 18-2-2021 09:18 AM | 显示全部楼层
Type
Announcement
Subject
MULTIPLE PROPOSALS
Description
LFE CORPORATION BERHAD ("LFE" OR THE "COMPANY")I.        PROPOSED RIGHTS ISSUE; ANDII.        PROPOSED ACQUISITION(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of LFE ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake the following:-
i. renounceable rights issue of up to 490,567,490 new ordinary shares in LFE ("LFE Share(s)" or "Share(s)") ("Rights Share(s)") on the basis of 2 Rights Shares for every 1 existing LFE Share held on an entitlement date to be determined and announced later ("Entitlement Date") at an issue price of RM0.08 per Rights Share ("Proposed Rights Issue"); and

ii. acquisition of 382,500 ordinary shares in Cosmo Property Management Sdn Bhd ("CPMSB") ("Sale Share(s)"), representing 51.0% equity interest in CPMSB from Resolute Accomplishment Sdn Bhd ("Vendor") for a purchase consideration of RM27,540,000 ("Purchase Consideration") to be satisfied via a combination of RM20,990,000 in cash ("Cash Consideration") and RM6,550,000 via the issuance of 65,500,000 new LFE Shares at an issue price of RM0.10 per LFE Share ("Consideration Share(s)") ("Proposed Acquisition").

(The Proposed Rights Issue and Proposed Acquisition are collectively referred to as "Proposals")

Further details of the Proposals are set out in the attachment enclosed.

This announcement is dated 5 October 2020.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3093772

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发表于 1-3-2021 09:00 AM | 显示全部楼层
LFE CORPORATION BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?
No
Types of corporate proposal
Private Placement
Details of corporate proposal
Private placement of up to 20% of the total number of issued shares of LFE Corporation Berhad
No. of shares issued under this corporate proposal
20,880,624
Issue price per share ($$)
Malaysian Ringgit (MYR)   0.1530
Par Value($$) (if applicable)

Latest issued share capital after the above corporate proposal in the following
Units
245,283,745
Issued Share Capital ($$)
Malaysian Ringgit (MYR) 61,916,835.470
Listing Date
13 Oct 2020

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发表于 8-3-2021 08:28 AM | 显示全部楼层
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
LFE CORPORATION BERHAD
Particulars of Substantial Securities Holder
Name
SIERRA BONUS SDN BHD
Address
170-09-01 Livingston Tower
Jalan Agryll
10050 Pulau Pinang
Malaysia.
Company No.
892512-H
Nationality/Country of incorporation
Malaysia
Descriptions (Class)
Ordinary Shares
Name of registered holder
Maybank Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Sierra Bonus Sdn Bhd
Address of registered holder
8th Floor, Menara Maybank100, Jalan Tun Perak50050 Kuala Lumpur
Date interest acquired & no of securities acquired
Date interest acquired
13 Oct 2020
No of securities
17,534,724
Circumstances by reason of which Securities Holder has interest
Private Placement
Nature of interest
Direct Interest
Total no of securities after change
Direct (units)
27,534,724
Direct (%)
11.226
Indirect/deemed interest (units)
0
Indirect/deemed interest (%)
0
Date of notice
16 Oct 2020
Date notice received by Listed Issuer
16 Oct 2020

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发表于 20-6-2021 07:02 AM | 显示全部楼层
本帖最后由 icy97 于 13-7-2021 08:12 AM 编辑

Type
Announcement
Subject
OTHERS
Description
LFE CORPORATION BERHAD ("LFE" or "the Company")DISPOSAL OF 100% EQUITY INTEREST IN LFE ENGINEERING (JB) SDN BHD, THE WHOLLY-OWNED SUBSIDIARY OF LFE ENGINEERING SDN BHD, IN TURN THE SUB-SUBSIDIARY OF LFE
The Board of Directors of LFE wishes to announce that LFE Engineering (JB) Sdn. Bhd, the wholly-owned subsidiary of LFE Engineering Sdn Bhd (“LESB”), in turn a sub-subsidiary of LFE (“LE(JB)SB”) had entered into a Share Sale and Purchase Agreement (“SSA”) with Pembinaan Keamanan Sdn Bhd (“PKSB”) (“the Party” or “the Parties”) to dispose-off its 100% equity interest comprising of 50,000 ordinary shares (“Sale Shares”) for a cash consideration of Ringgit Malaysia Ten Thousand (RM10,000.00) only  subject to the terms and conditions as stipulated in the SSA (“the Disposal”).

Upon completion of the Disposal, LE(JB)SB shall be ceased as the wholly-owned subsidiary of LESB, in turn ceased to be a sub-subsidiary of LFE.

The details of the announcement is attached herewith.

This announcement is dated 25 November 2020.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3107881




Type
Announcement
Subject
OTHERS
Description
LFE CORPORATION BERHAD ("LFE" or "the Company")COMPLETION OF THE DISPOSAL OF 100% EQUITY INTEREST IN LFE ENGINEERING (JB) SDN BHD, THE WHOLLY-OWNED SUBSIDIARY OF LFE ENGINEERING SDN BHD, IN TURN THE SUB-SUBSIDIARY OF LFE
(Unless otherwise stated, defined terms used in this announcement shall carry the same meanings as defined in the announcement of LFE Corporation Berhad dated 25 November 2020.)

Further to the Company's announcement made on 25 November 2020 in relation to the Share Sale and Purchase Agreement entered between LFE Engineering Sdn Bhd, the wholly-owned subsidiary of the Company (“LESB”) and Pembinaan Keamanan Sdn Bhd to dispose-off its 100% equity interest in the share capital of LFE Engineering (JB) Sdn Bhd (“LE(JB)SB”) for a cash consideration of Ringgit Malaysia Ten Thousand (RM10,000.00) by LESB. The Board of Directors of the Company wishes to announce that the disposal of LE(JB)SB is completed on 3 December 2020.

Accordingly LE(JB)SB ceased to be a wholly-owned subsidiary of LESB, in turn ceased to be a sub-subsidiary of LFE.

This announcement is dated 3 December 2020.

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