TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PROPOSED ACQUISITION OF 3,089,135 ORDINARY SHARES IN ANTAREX HOLDINGS SDN BHD ("AHSB") ("AHSB SHARE(S)" OR "SALE SHARE(S)"), REPRESENTING 27.0% EQUITY INTEREST IN AHSB, FOR A PURCHASE CONSIDERATION OF RM22.68 MILLION ("PROPOSED ACQUISITION")

LGMS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED ACQUISITION OF 3,089,135 ORDINARY SHARES IN ANTAREX HOLDINGS SDN BHD ("AHSB") ("AHSB SHARE(S)" OR "SALE SHARE(S)"), REPRESENTING 27.0% EQUITY INTEREST IN AHSB, FOR A PURCHASE CONSIDERATION OF RM22.68 MILLION ("PROPOSED ACQUISITION")

We refer to the announcements dated 9 April 2025 and 9 July 2025 in relation to the Proposed Acquisition. Unless otherwise stated, the definitions set out in the previous announcements shall apply herein. 

 

The Board wishes to announce that the Company and the Vendors have mutually agree to extend the Cut-Off Date, from within 3 months to a further 3 months from the date of the SSA (“Extension of Time”). This Extension of Time is to accord:- 

 

(a) additional time for the Vendors to fulfill all the Conditions Precedent stipulated in the SSA, in particular, to provide the information required for legal and financial due diligence as well as statutory matters, including the change in shareholdings (collectively referred to as “Outstanding Requisite Information”); and 

 

(b) LGMS to subsequently review and be satisfied with the findings arising from the review process, which includes the review of the Outstanding Requisite Information, 

 

all of which are necessary for the completion of the Proposed Acquisition. 

 

This announcement is dated 9 October 2025. 






Announcement Info

Company Name LGMS BERHAD
Stock Name LGMS
Date Announced 09 Oct 2025
Category General Announcement for PLC
Reference Number GA1-09102025-00103