Posted by miker > 2018-02-15 11:02 | Report Abuse

...."WE RECOMMEND THAT THE ENTITLED SHAREHOLDERS VOTE IN FAVOUR OF THE SPECIAL RESOLUTION"...

Posted by aliyusof > 2018-02-22 10:57 | Report Abuse

Mercury Securities view: 'offer not fair but reasonable'.... What sort of recommendation is this?? Actually it is not fair but to say 'reasonable' is not offend major shareholders who pay their fee. Read it as not fair and unreasonable, in reality, as i personally opine it.

Posted by PenguinDad > 2018-02-22 14:58 | Report Abuse

Not fair becos the value is about RM0.64 but reasonable becos the average of the share price during that period is around RM0.58. However, everybody know the share price can be controlled by the sharks.

Posted by pangolin > 2018-02-22 18:29 | Report Abuse

need at least 3 months time from now .... duit only masuk pocket

Posted by k3nthiew > 2018-03-07 11:04 | Report Abuse

anyone attending EGM tmrw??

Posted by k3nthiew > 2018-03-08 15:43 | Report Abuse

how? how? how? Anyone?

Posted by Intelinvestor13 > 2018-03-08 16:40 | Report Abuse

how's the EGM going?

Posted by Intelinvestor13 > 2018-03-08 19:14 | Report Abuse

PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF LCTH PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 (“PROPOSED SCR”)

The terms used herein shall have the same meaning as those defined in the announcement made on 10 January 2018 unless otherwise stated.

We refer to the announcements dated 7 December 2017, 14 December 2017, 4 January 2018, 5 January 2018, 8 January 2018, 10 January 2018, 12 January 2018 and 13 February 2018 and the circular to shareholders dated 14 February 2018 in relation to the Proposed SCR.

On behalf of the Board, RHB Investment Bank wishes to announce that the Entitled Shareholders of the Company have approved the Special Resolution set out in the Notice of EGM dated 14 February 2018 in respect of the Proposed SCR (“Special Resolution”), at the EGM of the Company held today, 8 March 2018.

The Special Resolution is to be approved by a majority in number of shareholders and at least 75% in value to the votes attached to disinterested shares that are cast either in person or by proxy at the EGM of LCTH, provided that the value of votes cast against the resolution for the Proposed SCR at the EGM is not more than 10% of the votes attaching to all disinterested shares of the total voting shares of LCTH.

Based on the poll results, 74.07% in number and 98.57% in value to the votes attached to disinterested shares that were cast either in person or by proxy at the EGM voted in favour of the Special Resolution. Further, 0.18% of the votes attached to all disinterested shares of the total voting shares of LCTH voted against the Special Resolution. Therefore, the Special Resolution was carried.

The application to the High Court to seek the confirmation for the reduction of share capital under Section 116 of the Act will be lodged in due course.

This announcement is dated 8 March 2018.

Posted by miker > 2018-03-08 20:53 | Report Abuse

Accept it or not, it is 58 cents

Posted by wan7075 > 2018-03-09 16:56 | Report Abuse

Hope the refund process can be faster

Posted by wan7075 > 2018-03-09 22:56 | Report Abuse

Hope can get my money back quickly!

Posted by newbiehk2014 > 2018-03-11 22:02 | Report Abuse

sold de

Posted by clementlee > 2018-03-13 11:00 | Report Abuse

so the offer is passed ? with lcth cash in hand , it might equivalent to 30cts in share...it mean without the offer, the price only value at rm0.28 ?...cheap or not ?

Posted by clementlee > 2018-03-13 11:01 | Report Abuse

heard got some group try to block this offer ..but is it too late liao ?

Posted by hoplanner > 2018-03-14 23:06 | Report Abuse

Too late. HCourt cld only approve 2 mths fr now.

Posted by clementlee > 2018-03-16 09:53 | Report Abuse

any possibility that court reject this offer ? or , if someone file objection on this ?

Posted by pangolin > 2018-03-31 21:57 | Report Abuse

2 more months to go ..... hope can settle it ... fast

Posted by Lim Tek Wai > 2018-04-03 16:04 | Report Abuse

No announcement?

Posted by pangolin > 2018-04-16 15:36 | Report Abuse

possible announce special div 5c b4 game over ??

Posted by pangolin > 2018-05-13 15:45 | Report Abuse

NO NEWS AT ALL ???

Posted by PenguinDad > 2018-05-15 14:54 | Report Abuse

If special div RM0.05 and cash back RM0.58 then it will be total of RM0.63.
Not bad!

Posted by firehawk > 2018-05-15 17:23 | Report Abuse

Court order obtained yesterday.

Posted by pangolin > 2018-05-16 22:04 | Report Abuse

penguin dad ...... sorry ... is 0.005 .... half cents ..... 5 cents is mission impossible ....

Posted by pangolin > 2018-05-18 18:55 | Report Abuse

finally ..... 8th can get durian jatuh

Posted by pangolin > 2018-05-18 19:16 | Report Abuse

finally .... 8th june durian jatuh

Posted by kanon > 2018-05-18 23:56 | Report Abuse

Anyone knows any procedure need to be done by me for the repayment? thanks

Posted by PenguinDad > 2018-05-21 11:48 | Report Abuse

pangolin, I think the management decide to keep the special div for themselves.

Posted by pangolin > 2018-05-22 23:15 | Report Abuse

Peguindad ... u r right ! durian kampong u take ..... there take musang king ....

Posted by aliyusof > 2018-06-13 17:41 | Report Abuse

The refund for the shares under the SCR has already been sent to my account. However, the shares are still shown in my on line CDS account as of today. Wonder why? Same thing happen to any one here?

Posted by Chinchan > 2018-06-16 17:58 | Report Abuse

same to me @aliyusof

Posted by Timie > 2018-06-19 11:57 | Report Abuse

same here