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8 comment(s). Last comment by Zam Zamzam 2012-11-08 17:44
Posted by ongtkong > 2012-10-19 20:42 | Report Abuse
Buy before 29/10, entitled to bonus and rights issue
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1095777
Posted by Zam Zamzam > 2012-11-08 13:19 | Report Abuse
if we dont accept the rights issue offer by rcecap ,do i still entitled the bonus share ? plz someone explaint to me becoz i am still new ,thank you .
Posted by lotsofmoney > 2012-11-08 13:26 | Report Abuse
You are still entitle to the bonus issue. The right issue comes after the bonus issue. You can reject the right issue, but usually these will be issued below market price to be attractive to the shareholders.
Posted by aunloke > 2012-11-08 13:27 | Report Abuse
If you bought before the ex-date of bonus ie 29th of Oct. your bonus shares should be in your CDS acc. now even you didn't accept the right; and If you buy now, no bonus.
Posted by Zam Zamzam > 2012-11-08 16:13 | Report Abuse
thank lotsofmoney and aunloke for the explaination , today the mother share prices was below the rights issue 38cents , were the right issues price to be adjusted further according to the mother share ? thank
Posted by investor77 > 2012-11-08 16:19 | Report Abuse
nobody in the right mind will take the offer of RCPS, this you can see at the price quote where shares are offered free !!Never before has this happen !!
Also the price of 30 cents is the lowest for the year, so somebody really want the price to be low so he can mop up the shares.
Anyway, personally I am waiting to sell this no use share after holding for a very long, long time!! just my opinion.
Posted by Zam Zamzam > 2012-11-08 17:44 | Report Abuse
inverstor77 thank to share ur opinion , u r right who will take the offer of rcps ,the offer price is much higher than the present price .
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Posted by Steven You > 2012-10-19 18:54 | Report Abuse
if now i buy have bonus issue or not?