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 STOCK MARKET DISCUSSION V150

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Ricky300
post Mar 23 2016, 11:20 AM

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Hello Sifus,

May I know that will be the impact for reducing the Ordinary Share par value?


LIENHOE (Code -3573)
(a) a reduction of its existing issued and paid-up share capital from RM361,742,241 comprising 361,742,241 ordinary shares of RM1.00 each to RM90,435,560 comprising 361,742,241 ordinary shares of RM0.25 each via the cancellation of RM0.75 from the par value of each existing ordinary share pursuant to Section 64 of the Companies Act, 1965; and
Ricky300
post Mar 23 2016, 11:20 AM

Regular
******
Senior Member
1,514 posts

Joined: Jan 2003
From: Earth


Hello Sifus,

May I know that will be the impact for reducing the Ordinary Share par value?


LIENHOE (Code -3573)
(a) a reduction of its existing issued and paid-up share capital from RM361,742,241 comprising 361,742,241 ordinary shares of RM1.00 each to RM90,435,560 comprising 361,742,241 ordinary shares of RM0.25 each via the cancellation of RM0.75 from the par value of each existing ordinary share pursuant to Section 64 of the Companies Act, 1965; and
Ricky300
post Apr 5 2017, 05:07 PM

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1,514 posts

Joined: Jan 2003
From: Earth


Share buyback from LIENHOE...what's the price ya? Today up >10%

 

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