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 for a chance to win your dream holiday!

Monthly Plan


Annual Plan


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

Oil settles down on weaker US consumer sentiment
China’s exports top forecasts but falling imports point to more stimulus
Lessons from Malaysia’s Silver State
UK emerges as haven from global storms
Empowering SMEs in their digital transformation
Holistic approach to developing data centres
Sunview gains momentum on booming solar sector
Carbon tax conundrum
Robust plans needed to spur high-skilled jobs
Synergy House brings innovation to the table

Others Also Read