RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,616,864,884 NEW ORDINARY SHARES IN ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD) ("ZTIB") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 PM. ON 9 JANUARY 2023 AT AN ISSUE PRICE OF RM0.015 PER RIGHTS SHARE, TOGETHER WITH UP TO 1,077,909,922 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
Hi... I'm newbies, I received OR so i need some explaination of OR from otai2 here. What to do with this OR... Do I need to sell it now or not? Is this like warrant have expired date or not... Tq
ZENTECH - Notice of Rights Entitlement ZEN TECH INTERNATIONAL BERHAD
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,616,864,884 NEW ORDINARY SHARES IN ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD) ("ZTIB") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 9 JANUARY 2023 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.015 PER RIGHTS SHARE, TOGETHER WITH UP TO 1,077,909,922 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
Kindly be advised of the following :
1) The Right commence of trading : 10 Jan 2023 2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 11 Jan 2023 3) The last day and time for Acceptance, Renunciation and Payment : 26 Jan 2023 4) The Rights cessation quotation : 17 Jan 2023
The Stock Short Name, Number and ISIN Code ZENTECH-OR, 0094OR and MYQ0094OR004
Remarks :
The last date and time for acceptance of and payment for the Rights Shares as well as the last date and time for excess Rights Shares application and payment are as stated above.
Loss making high NOSH penny stock If bought and hold at 4.5sen, the risk is directors might announce shares consolidation in near future Eventually, price also drop til rights issue price.......more drop expected
Wow... 3 sen already... Go go go follow topglove...2 days of green candle already... If Monday also green,that means 3 white soldier bullish candlestick pattern ha ha...
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....
Siang9282
326 posts
Posted by Siang9282 > 2023-01-06 16:08 | Report Abuse
1*2 OR