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Overview
Financial Highlight
Headlines
Business Background LTKM Bhd is engaged in investment holding and provision of management services. The business operates in segments that include Production and Sale of Poultry and Related Products; which produces and sells chicken eggs, chickens and organic fertilizers, Extraction and Sale of Sand; which mines and sell sand, Investment Holding; which invests in quoted and unquoted securities, and Property Development; which develops residential and commercial properties. The Production and Sale of Poultry and Related Products segment generates maximum revenue for the company. The organization caters only to the Malaysian market.
  Investor 8 The privatisation offer came as a surprise following the suspension of the counter last Friday. A few days prior to the suspension, shares in LTKM soared 16% to RM1.14. The counter will resume trading today. news leak before announcement :) 23/07/2019 11:07 AM mmusang Do they need 90% posession for privatation? What is their possession % right now? 24/07/2019 11:14 AM slee If there any potential CEO adjust the privatise price from 1.35 to higher price? 29/07/2019 6:31 PM valheru9 Final closing date announced... Offer price at RM1.35 unchanged... http://www.bursamalaysia.com/market/listed-companies/company-announcements/6282385 12/09/2019 9:40 PM koey LTKM Bhd’s subsidiary LTK (Melaka) Sdn Bhd has been found guilty of raising the margins of its egg prices under the Price Control and Anti-Profiteering Act. It has been fined RM25,000 and also ordered to pay RM9,600 to repurchase 30,000 eggs confiscated by the government. 04/11/2020 8:56 AM firehawk so shocking results ... was once privatized @1.35 half yr ago, tho failed! 13/02/2021 10:16 AM  ðââï¸æ亲å»äºæ²³åº ð¦æäºç¥é»å®ç½ Sapuuu on weakness 1.20 rite here speculate for u 09/11/2021 1:26 AM RWG malaysian poultry industry all ready to change biz, malaysia no more chicken and eggs to eat in future 08/04/2022 8:10 PM OrlandoOilSemiconIoT After the dust has settled Even at PE 25x.. current price is overpriced 10/04/2022 10:06 AM 8899EL8899 local assembly just a wire cable connector company,.........why worth more than rm300mil. 19/04/2022 9:30 AM SEED @8899EL8899 you know I know, Malaysian style. One eager to be listed, and the other one eager to be unlisted. 22/04/2022 4:11 PM firehawk On behalf of the Board of Directors of LTKM (“Board”), M & A Securities Sdn Bhd wishes to announce the following: (a) the Company, had on 8 April 2022 entered into a heads of agreement (“HOA”) with Ladang Ternakan Kelang Sdn Bhd (“LTKSB”) to dispose its equity interest in the following subsidiaries to LTKSB for a total cash disposal consideration of RM158.83 million. (b) the Company proposes to undertake a proposed special dividend cum capital repayment of RM1.1098 per ordinary share in LTKM (“LTKM Share(s)” or “Share(s)”) on an entitlement date to be determined and announced at a later date. (c) the Company proposes to consolidate 2 existing LTKM Shares into 1 LTKM Share after the Proposed Special Dividend cum Capital Repayment; (d) the Company, had on 8 April 2022 entered into a share sale agreement (“SSA”) with Chai Voon Sun, Gurmakh Singh A/L Ajmer Singh, Wee Thian Song, Divine Inventions Sdn Bhd and Proven Venture Sdn Bhd (collectively, “Vendors”) for the acquisition of 1,000,000 ordinary shares in Local Assembly Sdn Bhd (“Local Assembly”) representing 100.0% equity interest in Local Assembly from the Vendors for a total purchase consideration of RM336.00 million to be satisfied by way of cash of RM100.0 million and issuance of 393,333,333 new LTKM Shares at an issue price of RM0.60 each; (e) the Company proposes to undertake a proposed restricted issue of 230,000,000 new LTKM Shares, representing 33.1% of the enlarged share capital of LTKM after the Proposals to investors to be identified; (f) the Company proposes to seek for an exemption under Paragraph 4.08(1)(a) of the Rules on Take-overs, Mergers and Compulsory Acquisitions (“Rules”) for the Vendors and their persons acting in concert (“PACs”) from the obligation to undertake a mandatory take-over offer to acquire the remaining LTKM Shares not already owned by them upon completion of the Proposed Acquisition ; and (g) the Company proposes to change its name from “LTKM Berhad” to “LA Technology Berhad” 27/05/2022 4:24 PM firehawk Variations to original proposal, among others, Proposed special dividend cum capital repayment of RM1.1098 reduced to RM0.90 per share. 10/03/2023 9:46 PM firehawk Although gave higher valuation to the asset, all looking good .... but the only thing that material to shareholders is, stripped 21 sen from them. The 21 sen keep within the co. is good? who knows? 11/03/2023 4:40 PM  | |
