TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS PROPOSED ADDITIONAL SUBSCRIPTION OF 367,500 ORDINARY SHARES AT AUD1.00 EACH FULLY PAID UP IN BEULAH NORTHCOTE LAND PTY LTD ("BNL") BY FBG LAND SDN BHD (FORMERLY KNOWN AS FAJARBARU LAND (M) SDN BHD) ("FLSB")
FBG HOLDINGS BERHAD |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description | PROPOSED ADDITIONAL SUBSCRIPTION OF 367,500 ORDINARY SHARES AT AUD1.00 EACH FULLY PAID UP IN BEULAH NORTHCOTE LAND PTY LTD ("BNL") BY FBG LAND SDN BHD (FORMERLY KNOWN AS FAJARBARU LAND (M) SDN BHD) ("FLSB") |
The Board of Directors of FBG Holdings Berhad (formerly known as Fajarbaru Builder Group Bhd) ("FBG" or the "Company"), wishes to announce that FBG Land Sdn Bhd (formerly known as Fajarbaru Land (M) Sdn Bhd) (“FLSB”), a wholly-owned subsidiary of FBG, further subscribes of AUD367,500.00 (Australian Dollar Three Hundred Sixty Seven Thousand Five Hundred Only) or equivalent to RM1,001,364.00* (Ringgit Malaysia One Million One Thousand Three Hundred Sixty Four Only) of 367,500 new ordinary shares at AUD1.00 each fully paid in BNL, representing 49% of the total increase issued share capital of AUD750,000.00 (Australian Dollar Seven Hundred Fifty Thousand only) in BNL, to be satisfied entirely by cash. (“Proposed Subscription”) as detailed in the attachment.
This announcement is dated 29 August 2025 |
Please refer attachment below.
Announcement Info
Company Name | FBG HOLDINGS BERHAD |
Stock Name | FBG |
Date Announced | 29 Aug 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-28082025-00072 |