Those who claimed Connect supply to Apple is just an assumption. Just look at Apple's latest financial result in really bad shape. Sales down, profit down even in Taiwan the Taiwanese suppliers' shares also pulled down. Better forget about this counter!
Next tech will be how ur Apple phone is connected to ur car to ur house to ur underwear. That time you need to change ur Apple phone , everyone change no one can escape.wakakakaka
Title/Description RENOUNCEABLE RIGHTS ISSUE OF UP TO 800,994,000 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.025 EACH IN CONNECT (ICPS) ON THE BASIS OF 3 ICPS FOR EVERY 1 EXISTING ORDINARY SHARE OF RM0.10 EACH HELD IN CONNECT TOGETHER WITH UP TO 53,399,600 FREE DETACHABLE WARRANTS (WARRANT(S)-B) ON THE BASIS OF 1 FREE WARRANT-B FOR EVERY 15 ICPS SUBSCRIBED AT AN ISSUE PRICE OF RM0.025 PER ICPS PAYABLE IN FULL UPON ACCEPTANCE Despatch date 19 May 2016 Date for commencement of trading of rights 18 May 2016 Date for cessation of trading of rights 25 May 2016 Date for announcement of final subscription result and basis of allotment of excess Rights Securities 07 Jun 2016 Listing Date of the Rights Securities 14 Jun 2016
Last date and time for Date Time Sale of provisional allotment of rights 24 May 2016 at 05:00:00 PM Transfer of provisional allotment of rights 27 May 2016 at 05:00:00 PM Acceptance and payment 01 Jun 2016 at 05:00:00 PM Excess share application and payment 01 Jun 2016 at 05:00:00 PM
Rights Securities will be listed and quoted as the existing securities of the same class No To specify the entitlement that the holders of the Rights Securities will not be entitled to All new CONNECT Shares to be issued pursuant to the conversion of the ICPS shall, upon allotment and issue, rank pari passu in all respects with the existing CONNECT Shares except that such new CONNECT Shares shall not entitle its holders to any dividends, rights, allotments, and/or other distributions on or prior to the relevant date of allotment of the new CONNECT Shares arising from the conversion of the ICPS. Other important dates as the listed issuer may deem appropriate
Tiger Lee : can you teach me how I can sub this RIGHTS ISSUE at 0.025 and get the free warrant ? I am holding 30,000 units of share and I really want to sub RI at 0.025 seem very cheap ? I am using direct account , so I need to walk in Bursa or just wait their letter ? someone can teach me , I am very worry
Don't worry about the right issue, after expired date 13/5 n date 17/5, ur remiser will call u tat ur acc got right LR (3 times ur mother share). U choose sell in market or subscribe 2.5 sen within 1 week before trade end.
After trade end n u still no respond subscribe, it will disappear n burned.
rogerlth hirogerlth , I am using direct account , my remiser claim I need to check on my letter and follow the guide, she claim I need to do it by my own , so until now I still not yet receved the letter and the expired date is near13/05/2016, I very worry now, I scare will miss it , I really like the RI, someone got experince can guide me ? I very like connect counter , big supportes
U can just receive it after 13/5. The form will only available after 13/5. If u r direct account, u can ask ur remiser to send u the form, during the 1 week trade period u can decide to subscribe it . Complete ur form, ready ur cheque, then go post office to do, buy hasil stamp in post office. Must use pos laju Becoz urgent.
rogerlth , thanks rogerlth for answering me, my remiser not reply my email, and she didnot give me her ph number as she claim not convienece, I think she dont want to help at all, because she like dont care attitude , not appreciate her client like me . damn . I find the address from bursa as below : Securities Services (Holdings) Sdn Bhd Level 7, Menara Milenium Jalan Damanlela Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur
do you think can I walk in to this addresss and ask them give me the form then I fill up on the spot and submitt as well. Do you think they allow walk in or they also will rejected me and ask me to wait ?
murali thanks for teaching me , but I heard people claim if let say alreday pass Ex Date13/05/2016, but we still can sell the right for excercise the RI in the market , so let say I feel not enough time to excercise the RI, can I just sell the right to others who want to excercise the RI?
KG1967 & murali , thanks guys for helping me, just now I sucessfully get my remiser email, she claim I only will receive the form after expired date , then she claim normaly I only have one week to excercise the RI, seem very rushing and running out of time after received the Form. And the fuuny part is my remiser claim better sell the right, because she claim market no good now exp for techn counter. so someone expert got any commet, can share , haha my opinion is 50%
KG1967 and murali , your guys still on this connect couter ? Because tomorrow is the expired date for the RIGHTS ISSUE . SO if I sell queue now, if tomorrow ALL my connect share sold out, do you think I still eligible to buy the connect RI and get the free warrant of connect ? because if I sell tomorrow then mean I no longer hold any connect share , then do you think they still allow me to sub the RI and give me free warrant ?
murali, thanks murali for answering me, I really appreciate. SO you mean even tho I sell all my connect tomorrow, I still can subcribed ICPS and get the free warrant, If can I will sell connect tomorrow and just keep ICPS and get the free warrant only . haha
If u bought at ytd's closing price of 0.135 and manage to sell at 0.12 today, yr cost of 3 PR is 0.015 or 0.005 per PR. Can make money or not? We shall know by 18 May. Good luck.
hi murali , thanks murali always here to help, we really thanks you. murali actaully I got 20000 units of connect, but I think I not really want to sub the right issue,because I feel very lazy to do the process and procedure so do you think I still can get those PR automatically? and do you know when can I see the PR in my account ?
murali , thanks you really very nice . After I heard what AllWin chit chat with you,dont know why I feel if get PA and free warrant more attrative offer, so now still thinking, maybe will subcribed, because connect do make net profit recently , hope can become another JCY ? haha murali do you mind share with me you will sub or sell the PR ? haha I just busy body
I m not sure how's their biz outlook ,balance sheet n income statements looks ok .My bet on this counter is solely speculative on the issuance of the pa and free wa.hope can make some kopi money.let's c how thing goes on 18 may.
murali , murali do you have experince on sub RI, because I am using direct account, my remiser ask me walk in and get it done by myself . I wonder what info they need when I walk in.' I pretty sure they will need my ic , full name. Do you think they need my bursa account number ? because I have no idea what is my bursa ac number ?
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....
Russell
241 posts
Posted by Russell > 2016-04-27 14:57 | Report Abuse
kasim bro...connect seems quiet now...got confident if it will up? or big shark already throw the shares?