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icapital.biz / corporate news / LIAN BENG / Acquisition of shares in associated company
Acquisition of shares in associated company
Its wholly owned subsidiary, LBD (GL) P/L has acquired 420,000 ordinary shares, representing 42% shareholding interest of Development 24 P/L from Kim Seng Heng Realty P/L, a wholly owned subsidiary of KSH Holdings Ltd, for an aggregate purchase consideration of S$420, 000.