wat is this mean and affect to the share, good or bad? 
7177           
RIGHTS ISSUE 

LCL CORPORATION BERHAD ("LCL" OR "COMPANY")

RENOUNCEABLE RIGHTS ISSUE OF UP TO 28,917,700 NEW ORDINARY SHARES OF RM0.50
EACH IN LCL (RIGHT SHARES), ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 5 ORDINARY
SHARES OF RM0.50 EACH (LCL SHARES) HELD AFTER THE SHARE SPLIT, AT AN ISSUE
PRICE TO BE DETERMINED (RIGHTS ISSUE)

We refer to the announcements dated 3 March 2008 and 20 August 2008.
On behalf of LCL, CIMB Investment Bank Berhad wishes to announce that the SC
has in its letter dated 16 March 2009 (which was received on 17 March 2009)
approved a further extension of time until 31 August 2009 for the Company to
implement the Rights Issue.
(This announcement is dated 17 March 2009)


17/03/2009  06:14 PM

right issue is never a good news for investors during bear market.

time like now, the mothershare is cheap enough jor, no reason for one to buy right issues.

Sapcres GANBATTE-NEH!

i bought at 2.01 and 2.4 my avg is about 2.0X...

i am definately ok becoz i see the long run potential of it (rather than buying up Maybank which i regretted, but i betting my money on non-GLC coz i personally think recovery is on their side especially gambling tobacco related "sin counterS)

being hypocritical i also hold TM exceptional to GLC related.

ieven if it fall below Rm 1 i will continue to accumulate, i belive such stock when recovery is in sight is potentially a boom.

as for the rest of the investors gd luck hunting!

everyday is an opportunity 200 counters there are bound to be fish in the deep blue sea...

either ur intra day or long term (being hypocritical again) or an opprtunist...

doesn matter so long as u have the financials (gd balance sheet) and done ur homework and ur confident than u can slp better at night ... dont worry let the market dictate its terms ...

sit bak and see fireworks.

When Ramunia quater report will be annouced? 

Any idea?

i dont know i prefer to buy parent shares rather than warrants ... "dont feel safe" .. though return could potentially be peanuts

if everyday like that how good haha

KLCI RED liow!!! yahoo!!!

my target this week

WCT RM1
RESORT RM1.91
AXREIT RM1.28
EKSON RM0.49
PBBANK 7.15

Why KLCI turns to RED?

Other major markets in this region are all still green but ours turned red already.

Hmm.. Malaysia Boleh! 

Small fishes like me already acquired some low price counter, if 2nd session stagnant or loss will keep...if up then can take intraday gain

Seriously bursa current market condition is not meant for long term...while other Regions up, bursa goes against the trend 

Yup resort, d only keep green today 
Hope it can climb to RM2.5 

don't forget that Resorts have been buying back a lot of their shares since its peak 2 years back. If I'm not wrong, the shares in their treasuries are @ average price around 3.80, higher price than most of us. (probably now the average price is slightly lower as they started buying back again this recent slump)