Edition:
United States

Lereno Bio-Chem Ltd (LRBC.SI)

LRBC.SI on Stock Exchange of Singapore

0.01SGD
24 Mar 2017
Change (% chg)

$-0.01 (-60.00%)
Prev Close
$0.02
Open
$0.01
Day's High
$0.01
Day's Low
$0.01
Volume
600
Avg. Vol
11,543
52-wk High
$0.04
52-wk Low
$0.00

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

Lereno Bio-Chem Ltd disposal of interest in associated company
Thursday, 21 May 2015 07:00am EDT 

Lereno Bio-Chem Ltd:Has entered into a sale and purchase agreement with an unrelated third party, Mr Ariff Farhan Doss, to dispose of its 38 pct equity interest, comprising 4,768,396 ordinary shares.  Full Article

Lereno Bio-Chem Ltd proposed acquisition
Monday, 4 May 2015 08:10am EDT 

Lereno Bio-Chem Ltd:Says the company will acquire 51 pct of the issued share capital of HTwo Education Holdings Pte. Ltd. (HTwo) from the unrelated two existing shareholders of HTwo (Vendors) (Proposed Acquisition).As the date of the Term Sheet, the Vendors hold, in aggregate 71 pct of the share capital of HTwo.The consideration for the Proposed Acquisition is S$20,400,000 to be paid in a combination of cash and new shares to be allotted and issued by the Company to the Vendors (Consideration Shares).The cash component of the Consideration will be funded through rights issue and private placements.  Full Article

More From Around the Web

No consensus analysis data available.