Binastra to acquire 51% stake in LF Lansen for up to RM44.8mil

PETALING JAYA: Binastra Corp Bhd is acquiring a 51% equity interest in LF Lansen Sdn Bhd for up to RM44.8mil in cash, to be paid in three stages.

In a statement, Binastra said that for the first stage, it will acquire a 40.8% equity interest in LF Lansen for RM15mil.