LCTH announcement : Completion of disposal of assets for RM 29.5 million

LCTH CORPORATION BERHAD
COMPLETION OF DISPOSAL OF ASSETS BY WHOLLY-OWNED SUBSIDIARY, CLASSIC ADVANTAGE SDN BHD

Further to the Company’s announcement on 24 April 2013 and 27 May 2013, the Board of Directors of LCTH Corporation Berhad (“LCTH” or “the Company”) wishes to announce the completion of the disposal of assets by its wholly-owned subsidiary, Classic Advantage Sdn Bhd (“CASB”) to Flextronics Technology (Penang) Sdn Bhd (“FTSB”) for a total cash consideration of RM29,500,000 only on 20 June 2013 as both parties have met all the conditions precedent.


date of announcement : 20 Jun 2013
notes : LCTH currently trade at 14.5 sen as on wednesday 31 aug 2013