Posted by hong2166 > 2017-03-23 19:44 | Report Abuse

it may not fly very high tomorrow as ICULS need money from investors. Investors normally don't like news which need to take out money. It is both good and bad news, just hope its year end report is good and can give good dividends.
maybe they also know market will not be good, so better take money from investors which they dont need to pay high interest.
god bless us

Posted by cyeec2000 > 2017-03-23 21:33 | Report Abuse

The conversion is in 3 years times right?before conversion to aeoncr shares 3.5 percent coupon rate can be gain?

Posted by stockmanmy > 2017-03-23 21:37 | Report Abuse

HONG


this company is like a bank, the more money they have the better.

why Iculs? this is to prevent immediate dilution. This share will fly tomorrow.

Posted by optimus9199 > 2017-03-23 22:46 | Report Abuse

Hope can fly to RM 20.00

Posted by SpaceNeedle > 2017-03-23 22:49 | Report Abuse

In the ICULS proposal file, paragraph 2.2.2, how to get TEAP of RM10.48 from RM16.24?

Posted by paperplane2016 > 2017-03-23 23:14 | Report Abuse

Who cares. Just buy

Posted by optimus9199 > 2017-03-23 23:17 | Report Abuse

buy as much as possible

Posted by optimus9199 > 2017-03-23 23:32 | Report Abuse

I have this stock since bought at RM 4.50 some 8 years ago...now bearing fruits already

Posted by suregain > 2017-03-23 23:32 | Report Abuse

Ppl dun like to fork out money for rights issue.. Bonus isue is just a comforter.. Wont fly high

Posted by suregain > 2017-03-23 23:43 | Report Abuse

The proposed rights issue of the three-year irredeemable convertible unsecured loan stocks (Iculs) is, however, not conditional on the proposed bonus issue.

It involves issuing 432 million Iculs at 100% of its nominal value of RM1 each in cash based on 2 Iculs for each Aeon Credit share held.

If the proposed bonus issue is not completed for whatever reason, the company will still undertake the proposed rights issue but on the basis of three Iculs for each Aeon Credit share held

Posted by suregain > 2017-03-23 23:44 | Report Abuse

Wat, bonus isue not confirm dapat.. But rights isue confirm mesti jalan

Posted by paperplane2016 > 2017-03-23 23:47 | Report Abuse

The public will love this right issues as well!

Posted by optimus9199 > 2017-03-23 23:48 | Report Abuse

How much per share for the rights issue? worth subscribing?

Posted by pputeh > 2017-03-23 23:53 | Report Abuse

Here's the announcement. Please read for clarity and better understanding:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5374537

Posted by stockmanmy > 2017-03-23 23:57 | Report Abuse

I am not a keeper of shares but I have kept it from $ 13 (July last year).....not going to sell now that it enters a faster growth phase.

Hope to see it doubling from my cost.

Posted by pputeh > 2017-03-23 23:59 | Report Abuse

Brought this share 3 lots on 25/11/2010 @ rm3.85 per lot. Received a bonus issue of 600 shares in 2015. Looks like the fruits are finally ripening. Patience pays to buy a good stock and hold on to it.

Posted by stockmanmy > 2017-03-24 00:06 | Report Abuse

working through the maths, it looks like $ 1.50 per ICUL

Posted by stockmanmy > 2017-03-24 00:09 | Report Abuse

even I find trading very difficult to beat holding good shares.

Posted by pputeh > 2017-03-24 00:17 | Report Abuse

Agreed stockmanmy. Now I think its time for Panamy to show us what it can do to reward shareholders who have had the patience to wait.

Posted by optimus9199 > 2017-03-24 05:39 | Report Abuse

Difficult for PANAMY or PERSTIMA to dish out bonus issues becoz of their top management are a bit conservative towards that. I attended their AGM before and talked to their CEOs regarding this.

KESM will have a better future and option for bonus issue.

Posted by cyeec2000 > 2017-03-24 08:21 | Report Abuse

Stockmammy si fu ICULS aeoncr cost rm1.50?

Posted by startinvesting2017 > 2017-03-24 08:53 | Report Abuse

AEONCR plans to make a one-for-two bonus issue of 72 million new shares at an issue price of 50 sen each, to reward shareholders.

-The Edge


Have fun :)

Posted by Tai KT > 2017-03-24 08:59 | Report Abuse

Iculs right, Rm1.0 each unit. 2 right for each aeoncr.

Posted by Tai KT > 2017-03-24 09:06 | Report Abuse

conversion teap 15% discount .estimate each unit will earn 80c, 2units1.6 earn.
share price should be immediately up 1.8 roughly, please correct me if I am wrong.
18 is coming

Posted by stockmanmy > 2017-03-24 09:11 | Report Abuse

shares outstanding 144 million.
2 ICULs for 1 means 288 million to raise $ 432 million.

that means $ 1.50 per icul.

Posted by pputeh > 2017-03-24 09:14 | Report Abuse

Stockmanmy , Optimus.& paperplane......... I notice that the bonus share is priced at 50 sen. Normally bonus is FREE. So do we have to fork out 50 sen for each bonus share too beside the ICULS. Correct me if I am wrong

Posted by paperplane2016 > 2017-03-24 09:18 | Report Abuse

qdd some to round it up fpor bonus

Posted by paperplane2016 > 2017-03-24 09:26 | Report Abuse

bonus 50sen mean par value i guess. Malaysia always got this par value problem, ask them change the thing lah. confuse ppl

Posted by paperplane2016 > 2017-03-24 09:26 | Report Abuse

Bonus is free, ICULS need subscribe rights. I will buy rights also. I like this company. will hold longterm like Ekovest.

Posted by stockmanmy > 2017-03-24 09:27 | Report Abuse

wef 1.1. 2017, Malaysian Companies Law no more par value.

Posted by Kensington > 2017-03-24 09:29 | Report Abuse

Bonus shares of par value 50 sen/share are issued free. Furthermore, they are also entitled to the rights issue of 2 ICULS for every existing (i.e. after the bonus exercise) share. In the event the bonus exercise doesn't go through the rights will be 3 ICULS for every share. The funds raised will still be RM432m. Any differing views are welcome.

Posted by paperplane2016 > 2017-03-24 09:31 | Report Abuse

now only got 144mil shares outstanding, Top30% hold 80% as per latest Annual Report. you think easy to push not? if institution buy in, very fast and furious loh

Posted by stockmanmy > 2017-03-24 09:36 | Report Abuse

if bonus shares also entitled, then 432 million ICULs will be issued at $1 each.

Posted by paperplane2016 > 2017-03-24 09:42 | Report Abuse

entitled right?

Posted by stockmanmy > 2017-03-24 09:47 | Report Abuse

actual wordings......

Proposed renounceable rights issue of 3-year minimum 3.5% irredeemable convertible unsecured loan stocks (“ICULS”) on the basis of 2 ICULS for every 1 existing ACSM Share held to raise RM432,000,000 in cash (“Proposed Rights Issue”).


should mean bonus shares not entitled.

Posted by SpaceNeedle > 2017-03-24 09:54 | Report Abuse

Yes, par value removed. We can subscribe 3 ICULS units with RM3.00 with existing 1 ordinary share, if bonus issue 1 for 2 completed.

Posted by paperplane2016 > 2017-03-24 10:07 | Report Abuse

oh , existing 1

Posted by pputeh > 2017-03-24 10:18 | Report Abuse

Thanks to paperplane,stockmanmy & Kensington for explanation. Exercise to be completed by 3Q17 so need time to put aside funds to apply for ICULS etc. Cheers

Posted by suregain > 2017-03-24 11:00 | Report Abuse

many greedy ppl got trapped

Posted by paperplane2016 > 2017-03-24 11:33 | Report Abuse

no worry.

Posted by paperplane2016 > 2017-03-24 11:33 | Report Abuse

just buy and hold

Posted by optimus9199 > 2017-03-24 12:01 | Report Abuse

wow going down fast also....gg

Posted by txj89 > 2017-03-24 12:05 | Report Abuse

top gainer to top loser...hahahaha

Posted by suregain > 2017-03-24 12:10 | Report Abuse

just buy and hold and to folk ut money??? top loser liao

Posted by suregain > 2017-03-24 12:10 | Report Abuse

haha, lucikly i din folow

Posted by suregain > 2017-03-24 12:16 | Report Abuse

wan to give bonus oso conditional.. hv to subscribe rights issue... penipu

Posted by stockmanmy > 2017-03-24 12:33 | Report Abuse

no one says trading is easy


txj89 > Mar 24, 2017 12:05 PM | Report Abuse

top gainer to top loser...hahahaha

Posted by FLINV > 2017-03-24 13:11 | Report Abuse

Time for me in some

Posted by Tai KT > 2017-03-24 13:53 | Report Abuse

Qr will release

Posted by Tai KT > 2017-03-24 14:36 | Report Abuse

Worth to take the right, LA