i make a huge mistakes by disposing this and get into minetech few months ago, bleeding like hell....blew away half of my bullets. Hopefully lion will sustain and get through this, will back again after cny with reloaded bullets. Btw, you hold any trending counter now beside this?
We refer to the announcements dated 30 June 2014 and 14 July 2014 in respect of the Proposals (“Announcements”). Unless otherwise defined, all defined terms used in this announcement shall carry the same meaning as defined in the Announcements.
The Board of Directors of LCB wishes to announce that the Securities Commission Malaysia had vide its letter dated 19 January 2015, approved the application submitted by AmInvestment Bank Berhad on behalf of LCB for the proposed waiver from complying with Paragraph 22.04 of the Trust Deeds Guidelines in relation to the LCB Bonds and LCB RCSLS, subject to the condition that Tan Sri William H.J. Cheng and/or his nominees shall be entitled to vote at future LCB Bonds and LCB RCSLS holders’ meetings only in relation to any proposal for:
(i) the waiver and/or indulgence of defaults and/or declaration of events of defaults in relation to Megasteel Sdn Bhd, a subsidiary of LCB;
(ii) LCB’s listing under Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”);
(iii) the delisting of LCB from the Main Market of Bursa Securities, if any; and
(iv) the sale of any asset by LCB and/or its subsidiaries.
The Company shall inform Bursa Securities of further development on the Proposals in due course.
From previous history like patimas, Since the last chance from bursa to lioncor already been given which extension from 28.10.2014 to 28.2.15, no more chance will be given again.
LION CORPORATION BERHAD (“LCB” OR “COMPANY”) (I) PROPOSED AMENDMENTS; (II) PROPOSED LCB TERM-OUT; AND (III) PROPOSED WAIVER OF PENALTY INTEREST
We refer to the announcements dated 30 June 2014, 14 July 2014 and 20 January 2015 in respect of the Proposals (“Announcements”). Unless otherwise defined, all defined terms used in this announcement shall carry the same meaning as defined in the Announcements.
The Board of Directors of LCB wishes to announce that Bank Negara Malaysia had vide its letter dated 13 February 2015, which was received on 16 February 2015, approved the application submitted by AmInvestment Bank Berhad on behalf of LCB for the revision of the terms of the LCB Class B(b) RCSLS in relation to the Proposed Acquisition of LCB Bonds/Debt/RCSLS and the Proposed LCB Term-Out.
The Company shall inform Bursa Securities of further development on the Proposals in due course.
tswc use RM5 covert all the RCSLS to lioncor mother share, since mother share just with market value of 5 cts only, is that means he start pump in capital and safe the company ?
if lioncor annouce restructuring plan by proposed lioncor pra value reduction from RM1.00 to RM0.10, will lioncor-wb convertion price adjust from RM1.00 to RM0.10?
liondiv had conducted a revaluation exercise on its properties and the incorporation of the revaluation surplus of the Properties arising from the Revaluation of approximately RM196.3 million after accounting for deferred taxation and minority interests in the third financial quarter’s (31 March 2015) unaudited financial results of the Group for the financial year ending 30 June 2015. The revaluation surplus resulted in an increase in the net assets per share of the Group by 14 sen.
H.S. (D) 13422 P.T. 17213 H.S. (D) 13423 P.T. 17214 H.S. (D) 13424 P.T. 17215 H.S. (D) 26819 P.T. 17217 & H.S. (D) 13426 P.T. 17218 Mukim Tanjung 12 Daerah Kuala Langat Selangor RM632m + 76% revaluation = RM1.11b revaluation surplus RM480m)
GRN 39954, Lot 2324 GRN 173144, Lot 12236 (HS(D) 5379, PT 6341) GRN 41084, Lot 8379 GRN 55361, Lot 12164 Mukim Tanjung 12 Kuala Langat Selangor Darul Ehsan RM100.5m + 97% revaluation = RM199.6m revaluation surplus RM99m)
Lot 2823 & 2824 Sungai Tunas Mukim Tanjung Dua Belas Daerah Kuala Langat (7) Selangor RM7.8m + 30% revaluation = RM10.14m revaluation surplus RM2.3m)
Lot 177, Jalan Utas 15/7 Section 15 40000 Shah Alam Selangor RM14.589m + XX% revaluation = RMXXm revaluation surplus RMXXm)
if revaluation on lioncor properties, will help lioncor on restructuring plan?
Cheq..hang lena puas puas ..biaq pi kat depa..depa hina hang..depa keji hang mcm mana perwaja dulu..8 sen 9 sen..sapa pun tak pandang..mcm2 kata..itu x baguih..ni x baguih..sekali dia menguit. Tu dia..mcm mcm org tunjuk tera..termasuklah broker broker..semua letak target price..hahaha..biaq p kat depa cheq..hang tidua dulu kasi lena puas puas..hang singa..nanti hang sekali hang bangun..hang haria semua ..kasi ribut..satu Bursa tak cukup tangan nak key in..hahahaha.. tiduq dulu singaku..ada lagi masa..:)
erwaja at least got announce restructuring plan, find new investor as white knight and bursa agree them for extend the restructuring plan. Lioncor is different, nothing announce within nearly 2 years after 28th October 2013. Some more lionind keep dropping from 2 years ago 70 cts until today 26 cts, how William Cheng can safe lioncor really a big question mark?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
jeffreykpy
44 posts
Posted by jeffreykpy > 2015-01-20 12:03 | Report Abuse
hope it's volume will getting more....