Next Friday EGM (19 May 2017) and the Monday of the following week (22 Monday 2017) [release of ex-date], Gdex and Gdex-WB will have window dressing. After the ex-date of the bonus issues, Gdex and Gdex-WB will be penny shares. Easier to push up by market makers. Cheers!
Najib and his wife Datin Seri Rosmah Mansor are scheduled to arrive at the Alibaba Group headquarters in Hangzhou Friday morning to observe the operations of China''s e-commerce giant. Ma is the digital economy advisor to the Malaysian Government.
In Hangzhou, Najib will witness the signing of a memorandum of understanding between Malaysia Digital Economy Corporation Sdn Bhd (MDEC) and the Hangzhou Municipal Government as well as Alibaba Company Limited, Malaysia's Ambassador to China Datuk Zainuddin Yahya said to Malaysian journalists here Thursday.
The MoU is expected to drive the Digital Free Trade Zone (DFTZ) project which Najib and Ma jointly launched in Kuala Lumpur on March 22.
This first digital free trade zone in the world will provide physical and virtual facilities for small and medium enterprises to conduct cross-border e-commerce activities.
The DFTZ is expected to operate as an e-commerce platform like the Electronic World Trade Platform (e-WTP), a brainchild of Ma. The zone will become a regional hub for SMEs with the aim of doubling the growth of e-commerce in Malaysia and contribute to raising the GDP to RM211 billion by 2020.
Please do not sell your GDEX-WB. A warrant holder is entitled to all corporate exercises except dividend. GDEX-WB exercise price will be adjusted to (RM1.53/4 = RM0.38) and GDEX-WB price will be adjusted to (RM1.94/4) = RM0.49. You will still get 3 new shares for each share you are holding on ex-date. ===================================================================== Very obvious market makers are blocking GDEX-WB from going up (to collect), just like what they are doing to GAMUDA-WE. It will have its turn to close the gap between the mother and the son.
....CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED BONUS ISSUE OF UP TO 4,713,076,518 NEW ORDINARY SHARES IN GD EXPRESS CARRIER BHD ("GDEX") ("GDEX SHARES") ("BONUS SHARES") ON THE BASIS OF THREE (3) BONUS SHARES FOR EVERY ONE (1) EXISTING GDEX SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ....
papaya: klkk 8wpwtmt8, For your info, 3 for 1 means every 3 shares you hold you get one bonus share. Please stop misleading others. =================================================================== No papaya: llkk and I are correct. For every one share held, we are entitled 3 new shares. And the price after ex-date will be divided by 4.
Haiz, I am holding a lot of GDEX-WB and did not buy the mother shares. Today the son stay flat while the mother rises 14 sen. Hope tomorrow until next week, it will perform better.
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....
pang72
51,625 posts
Posted by pang72 > 2017-05-07 16:55 | Report Abuse
Yamato stock price now rm96 listed at Japan. So, great