General Announcement for PLC

27/12/2021

OTHERS LAMBO GROUP BERHAD - ANNOUNCEMENT PURSUANT TO RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

LAMBO GROUP BERHAD

Type Announcement
Subject OTHERS
Description 
LAMBO GROUP BERHAD 
- ANNOUNCEMENT PURSUANT TO RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, Lambo Group Berhad (“Lambo” or “the Company”) wishes to announce that as at 24 December 2021, the aggregate value of quoted securities acquired by Oriented Media Holdings Limited, a wholly-owned subsidiary of the Company, that is principally involved in the investment in marketable securities, that has not been announced for the preceding twelve (12) months has exceeded 5% of Lambo’s latest audited consolidated net assets as at 31 May 2021. The details of the investment in the quoted securities are as follows:

 

 

 

 

 

 

RM

% of Lambo's latest audited consolidated net assets

(a)

Aggregate purchase consideration within the preceding twelve (12) months

 

9,784,825.56

8.24%

(b)

Aggregate sale consideration within the preceding twelve (12) months

 

-

-

(c)

Investments in quoted securities as at 24 December 2021

 

 
  • Total Cost

 

RM9,784,825.56

 
  • Total Book Value

 

RM9,784,825.56

 
  • Total Market Value

 

RM9,890,628.00

(d)

Net Loss arising from the disposal of quoted securities by Lambo Group during the current financial year ending 31 May 2022 (Sales proceeds less investment cost and incidental expenses)

 

-

 

The acquisition of the quoted securities as announced were made within the period from 6 December 2021 to 24 December 2021.

 

This announcement is dated 27 December 2021.



Announcement Info

Company Name LAMBO GROUP BERHAD
Stock Name LAMBO
Date Announced 27 Dec 2021
Category General Announcement for PLC
Reference Number GA1-27122021-00055


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