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Lereno Bio-Chem Ltd (LRBC.SI)

LRBC.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

Lereno Bio-Chem responds to SGX query relating to operating as going concern
Tuesday, 5 Jul 2016 07:26am EDT 

Lereno Bio-Chem Ltd : board is of the opinion that the company will be able to operate as a going concern .  Full Article

Lereno Bio-Chem Ltd terminates LOI as of 23 June 2016
Monday, 27 Jun 2016 06:47am EDT 

Lereno Bio-Chem Ltd : Terminate letter of intent (majubina projects) and acquisition of kenyalang property (s) pte. ltd. . Says aggregate consideration for the proposed acquisition is 70 million RGT . On 23 June, entered into conditional sale and purchase agreement to acquire 100% of issued and paid up share capital of Kenyalang Property . Refers to the announcement dated 27 may 2016 in relation to the non-binding letter of intent .Company has terminated the LOI as of 23 June 2016.  Full Article

Lereno Bio-Chem updates on acquisition of shares in Majubina Projects Sdn Bhd
Friday, 27 May 2016 06:32am EDT 

Lereno Bio-Chem Ltd : Execution of non-binding letter of intent:acquisition of shares in Majubina Projects Sdn Bhd) . Purchase consideration for the proposed acquisition shall be approximately s$50 million .  Full Article

Lereno Bio-Chem announces termination of a sale and purchase agreement
Tuesday, 17 May 2016 05:29am EDT 

Lereno Bio-Chem Ltd : Termination of sale and purchase agreement) . Unlikely that the conditions precedent in the spas will be fulfilled by the long-stop date of 28 June 2016 . Co is currently looking out for and evaluating opportunities, including potential mergers and acquisitions targets . Refers to announcement dated 30 June 2015 in relation to the sale and purchase agreements .  Full Article

Lereno Bio-Chem terminates agreement with Venstar Investments,Yap Soon Guan
Monday, 16 May 2016 03:24am EDT 

Lereno Bio-Chem Ltd : Termination of sale and purchase agreement) . Termination of spas is not expected have any material effect on company's performance for financial year ending 31 March 2016 . Refers to the sale and purchase agreements entered into with each of Venstar Investments and Venstar Investments Ii and Yap Soon Guan . Proposed acquisition has been mutually terminated .  Full Article

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