if you dont wish to subscribe the right issue, you can sell it on the trading period (3/10/2017 - 9/10/2017). if you do nothing, your right issue will be lapsed.
Price drops becoz the company shares underwent capital reduction, by ratio 58:100.. it’s in the announcement, that’s y the make adjustment of price at ex date
Rubbish stocks. WB, WC and WD will become toilet paper. Most likely they will carry out another corporate exercise to consolidate the mother share in 1-2 years time.
The price of the warrant did not dropshows mother price fake drop... Iam really sure that next few days mother price fly high.. if u want to know if the mother price moved truly look at the warrant.. if mother up warrant must Be up.. mother down warrant must be down..
Cindypky,from the info from the reminser, let's say I bought total 12k units share, if I choose to buy the Right Issue (RI), then I can have total extra 16k units shares, means every 3 lots of mother share can get 4 lots of share (12k/3 = 4,000; then 4,000 x 4 = 16k units shares) = RM 0.02 x 16,000 units = RM 320 that I need to pay for the RI. Then after the closing priod for RI, my total share units will become 12k + 16k = 28k units of shares. If I dun want to buy the RI, then I have to sell my OR @ RM 0.015 = 16,000 units x RM 0.015 = RM 240 I can get. Refer to the reminser, they said the company recently turning their loss into profit, so I may keep to buy the RI if the company's future is really expectable..
smartly huairen2013, here it is.... Renounceable rights issue of up to 2,524,354,400 new ordinary shares in EA Holdings Berhad ("EAH") ("EAH Share(s)") ("Rights Share(s)") on the basis of four (4) Rights Shares for every three (3) existing EAH Shares held, together with up to 1,262,177,200 free detachable warrants in EAH ("Warrant(s) D") on the basis of two (2) free Warrants D for every four (4) Rights Shares subscribed for, as at 5.00 p.m. on Monday, 2 October 2017 at an issue price of RM0.02 per Rights Share ("Rights Issue with Warrants") 28/09/2017 10:44
so last Sell EAH-OR = 9th oct? and last acceptance RI date is before = 17th OCt? to subscribe RI , i can direct ask the Remiser to subscribe it or i need to fill in form?
Renounceable rights issue of up to 2,524,354,400 new ordinary shares in EA Holdings Berhad ("EAH") ("EAH Share(s)") ("Rights Share(s)") on the basis of four (4) Rights Shares for every three (3) existing EAH Shares held, together with up to 1,262,177,200 free detachable warrants in EAH ("Warrant(s) D") on the basis of two (2) free Warrants D for every four (4) Rights Shares subscribed for, as at 5.00 p.m. on Monday, 2 October 2017 at an issue price of RM0.02 per Rights Share ("Rights Issue with Warrants")
What do they mean by "as at 5.00 p.m. on Monday, 2 October 2017"?
Does it mean that if I am not holding EAH mother shares as at 5.00 p.m. on Monday, 2 October 2017, and I buy EAH-OR from market to subscribe for EAH mother shares, I would not be entitled for the free EAH Warrant D of 2:4?
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....
huairen2013
64 posts
Posted by huairen2013 > 2017-09-28 10:46 | Report Abuse
example i hv 3 share held
1) i will entitle for 4 RI exdate 28 sep