Lagenda to dispose of 49% stake in poultry-related business


KUALA LUMPUR: Lagenda Properties Bhd has exercised the put option as granted under the share sale agreement to dispose of 49 per cent equity interest in six poultry-related companies at an aggregate option price of RM9.8 million.

In a filing with Bursa Malaysia today, Lagenda said it is disposing of all the remaining stake in Harumi Brands Sdn Bhd, DBE Breeding Sdn Bhd, DBE Hatchery Sdn Bhd, DBE Marketing Sdn Bhd, DBE Food Processing Industries Sdn Bhd, and DBE Gurney Chicken Sdn Bhd.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Nextgreen taps into Libyan fertiliser sector
Westports earnings flow intact on long-term jobs
Keyfield bags PETRONAS Carigali contract
DKSH 1Q25 net profit rises 19% on strong sales�
U Mobile exits DNB to drive second 5G network
Uzma unit secures electric wireline project
‘Good news’ for bourse
Nestcon wins RM44mil Labu project
Minimal impact from Trump’s drug pricing order
Anwar in Russia to boost trade, investment ties

Others Also Read