LHT Holdings

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(10-05-2024, 07:21 AM)dydx Wrote: The land plot at 30 Kranji Way, which used to rented out for heavy vehicles parking and storage, is now mostly empty based on aeriel Google Maps....
https://maps.app.goo.gl/Hh5oL3pVBNBQQjqS8
It is quite an eye sore! If LHT doesn't wish to develop the land plot, the company should sell it.

As the saying goes: a picture (or perhaps a satellite image) speaks a thousand words. dydx’s post puts to rest any notion that LHT’s Kranji Way site has appreciably more visual appeal than its current Sungei Kadut site. And LHT will have some interesting neighbours. 

I have to wonder precisely what restrictions have been placed on LHT vis-a-vis sub-leasing and selling on subdivided parcels.

As an aside, LHT’s shares traded today near their all time high, again in higher than average volumes.

Vested
RBM, Retired Botanic MatSalleh
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Hi RBM,

(09-05-2024, 11:14 PM)RBM Wrote: An observation and a suggestion, both admittedly burdened by speculation (to make it worse, specifically my speculation):
+ Ms. Yap obviously see’s upside to LHT’s Business and therefore its share price. dydx speculates vis-a-vis a potential real estate upside in his preceeding post on this thread - given LHT’s Kranji positioning and the real estate expertise LHT brought onto its Board of Directors eleven days ago, I believe dydx’s thinking on this is both highly plausible and highly credible.

Based on the recent AGM voting results, what I have gathered is that there seems to be two camps currently in what had been perceived as a direct boardroom fight - i.e. Yap/Tan vs Li/Neo groups. Is Ms Yap's consistent purchases of LHT shares a result of having to strengthen her holdings in the company in anticipation of future actions by the opposing camp? Or does she believes in the value of the shares even at current levels?

I think one has to consider the current circumstances in view of her purchases and make their own judgement.
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hi ghchua,

Thanks for the heads-up. Coincidentally, the AGM MoM was published yesterday and there was an abnormal huge vote against the special dividend. The "against dividend" camp is probably also against ED Tan, since the numbers are similar I suppose. But then again, the biggest shareholder who will benefit from the special dividend is Li.

RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING HELD ON 29 APRIL 2024:
https://links.sgx.com/FileOpen/LHT_Annou...eID=803070
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(11-05-2024, 11:01 AM)weijian Wrote: hi ghchua,

Thanks for the heads-up. Coincidentally, the AGM MoM was published yesterday and there was an abnormal huge vote against the special dividend. The "against dividend" camp is probably also against ED Tan, since the numbers are similar I suppose. But then again, the biggest shareholder who will benefit from the special dividend is Li.

RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING HELD ON 29 APRIL 2024:
https://links.sgx.com/FileOpen/LHT_Annou...eID=803070
Hello Weijian,

When announcing Resolution Vote counts at LHT’s recent AGM, I understand that Chairman Li volunteered that he voted against the Special Dividend. I can only speculate why. I would note that Mr. Li assumed the LHT Chairman position five days before the AGM. Prior to that, Mr. Li was a Non-Independent Director, Non-Independent by virtue of his Company’s LHT shareholding.

Vested
RBM, Retired Botanic MatSalleh
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Won't developing that new kranji land plot needs more capital? Yet they are able to dishing out special bump dividends. admirable
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