OTHERS LCTH CORPORATION BERHAD ("LCTH" OR THE "COMPANY") SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF LCTH PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("SCR")
| LCTH CORPORATION BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | LCTH CORPORATION BERHAD ("LCTH" OR THE "COMPANY")
SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF LCTH PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("SCR") |
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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, 13 February 2018, 14 February 2018, 8 March 2018, 28 March 2018, 24 April 2018, 14 May 2018, 17 May 2018 and 18 May 2018 in relation to the SCR.
On behalf of the Board, RHB Investment Bank wishes to announce that pursuant to Section 116(6) of the Act, the resolution for the SCR has taken effect on 4 June 2018 following the lodgement of the office copy of the High Court Order dated 14 May 2018 with the Registrar of Companies in Malaysia on 4 June 2018.
Consequential to the lodgement of the High Court Order, the LCTH Shares held by the Entitled Shareholders have been cancelled and Fu Yu Investment is the sole shareholder of LCTH.
The settlement of the SCR Cash Amount will be effected within 10 days from 4 June 2018.
This announcement is dated 4 June 2018. |
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Announcement Info
| Company Name | LCTH CORPORATION BERHAD |
| Stock Name | LCTH |
| Date Announced | 04 Jun 2018 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04062018-00095 |