Acquired 51% of Brahim’s-LSG Sky Chefs Holdings Sdn Bhd (“BLSG”) from Brahim’s International Franchises Sdn Bhd in March 2008
Issued 130m new shares in Brahim’s Holdings Berhad
Acquisition priced at then estimated FY08 PE of 10.9x
BLSG’s core subsidiary, 70%-owned LSG-Sky Chefs-Brahim’s Sdn Bhd (“LSGB”) provides in-flight catering and related services such as cabin handling and laundry services
Malaysia’s leading ‘Halal’ in-flight catering company
Recently announced proposed acquisition of remaining 49% of BLSG from LSG Asia GMBH
