Agree absolutely with Diamond7! Rm1.00 special dividend is not delusional anticipation! It can be a tangibility! Huat! Huat! AH!

Wow! RM1.00 special dividend will neutralize my GST affliction and re-kindle some joy into my family! Pray for the LGS directors' empathy and conviction to do what is most needed!

I bought at $3.56c. Will appreciate any knowledgeable Sifu's advice is this a safe bet or risky speculation?

Ms Chew Meu Jong told The Edge Malaysia Nov 3 issue that Chew Brothers Sdn Bhd which owns 40% of Lysaght Malaysia Sdn Bhd had decided that the corporate exercise by LGS was "not good" for LMSB. She declined to explain why the exercise was bad for LMSB. Interestingly Tan Sri Abdul Rashid Abdul Manaf and United Engineers Ltd. voted against the corporate exercise at the LMSB EGM. Both Rashid and UEL have voted for their respective rights issue in Eco World and UEL rights issue takeover of Wearne Brothers. When share holders have to fork out money to subscribe to rights issue is considered good whilst bonus shares with free warrants is "no good" to the detriment of the major share holder? Is this not short changing minority share holders? Is there no corporate governance to protect minority share holders against possible abuse? We lost a lot of money through unscrupulous manoeuvring by the major share holder - EGM here EGM there? They are only good at convening EGM's which are legally right but adopted for morally robbing minority share holders interest! SC must investigate and not allow a repeat of this corporate fiasco! Otherwise minority share holders will always be forsakened & maimed! The major share holder cares not a damn including trampling on them! LGS share holders must now wait and see what is the "good" that will unfold from this cancellation of the corporate exercise! Ask Chew Brothers!!

Spot on Vegerambut! You have nailed the target! The Chairman of Lysaght Malaysia Sdn Bhd Board must explain why bonus issue is bad for LGS share holders contradicting their previous strong support for it in 2002! Any hidden agenda and abominable motives? Many share holders losted much money including me! Where and how to seek grievance? Maybe the new LGS director who came in on Sept 30 2014 can tell us how?

Lim Fong Boon, Lum Tak@Lim Meng Teck, Cheam Low Soo & Kho Tee Keow may provide the clue to the principal protagonist to the abortment of the corporate exercise! Within two weeks of the new director voted in on Sept 30 2014 the corporate bomb was detonated! Coincidence or intentional? Who profited from this share price collapse? SC must investigate and severely punish illegal profiteers!

LGS share holders' option now is to seek a "special dividend" as compensatory relief from new company secretary sharonwong@shareworks.com.my!