Others
| LCTH CORPORATION BERHAD |
| EX-date | 31 May 2018 |
| Entitlement date | 04 Jun 2018 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Others |
| Entitlement description | Selective capital reduction and repayment exercise pursuant to Section 116 of the Companies Act 2016 ("SCR") |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2018 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Registrar or Service Provider name, address, telephone no | TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200Kuala Lumpur Tel:0327839299 Fax:0327839222 |
| Payment date | 08 Jun 2018 |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 04 Jun 2018 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) | |
| Entitlement indicator | Currency |
| Currency | Malaysian Ringgit (MYR) |
| Entitlement in Currency | 0.58 |
| Par Value (if applicable) | |
| Remarks : |
Under the SCR, the Entitled Shareholders (as defined in the circular to shareholders dated 14 February 2018), shall be entitled to receive a cash amount of RM0.58 for each existing ordinary share in LCTH ("LCTH Share") held on the Entitlement Date.
The settlement of the capital repayment will be effected via electronic remittance to the bank accounts registered with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository") by the Entitled Shareholders for purposes of receiving their respective electronic cash dividend payment (eDividend Accounts) within 10 days from the Entitlement Date. For the Entitled Shareholders who do not maintain eDividend Accounts, the settlement of the capital repayment will be effected via remittance in the form of cheques, bankers drafts and/or cashiers orders which will be despatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) at the Entitled Shareholders registered address last maintained with Bursa Depository at their own risk within 10 days from the Entitlement Date.
The trading of LCTH Shares on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") will be suspended with effect from 9:00 a.m. on Monday, 28 May 2018, being 3 clear market days prior to the Entitlement Date. Accordingly, the last day for trading of LCTH Shares on the Main Market of Bursa Securities prior to the suspension will be at 5:00 p.m. on Friday, 25 May 2018.
The LCTH Shares will no longer be traded on the Main Market of Bursa Securities following its suspension on Monday, 28 May 2018. For the avoidance of doubt, the trading of LCTH Shares will continue to be suspended until the delisting of LCTH from the Official List of Bursa Securities following the completion of the SCR.
The notice to shareholders in relation to the suspension of trading of LCTH Shares and the Entitlement Date for the SCR will be despatched to LCTHs shareholders on 18 May 2018.
Any enquiries concerning this notice of book closure date should be addressed to the share registrar of LCTH at the abovementioned contact details.
This announcement is dated 17 May 2018 |
Announcement Info
| Company Name | LCTH CORPORATION BERHAD |
| Stock Name | LCTH |
| Date Announced | 17 May 2018 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-17052018-00004 |