General Announcement::Announcement by Fu Yu Corporation Limited's subsidiary, LCTH Corporation Berhad

Issuer & Securities

Issuer/ Manager
FU YU CORPORATION LIMITED
Securities
FU YU CORPORATION LTD - SG1B56010922 - F13
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
04-Jun-2018 20:18:33
Status
New
Announcement Sub Title
Announcement by Fu Yu Corporation Limited's subsidiary, LCTH Corporation Berhad
Announcement Reference
SG180604OTHRX7HX
Submitted By (Co./ Ind. Name)
Tan Wee Sin
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Fu Yu Corporation Limited's subsidiary, LCTH Corporation Berhad ("LCTH"), had on 4 June 2018, issued an announcement pursuant to Section 116(6) of the Companies Act, 2016 where the resolution for the selective capital reduction and repayment exercise of LCTH ("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 Pte Ltd is the sole shareholder of LCTH. The settlement of the SCR Cash Amount will be effected within 10 days from 4 June 2018.

Please refer to the attached.

Attachments