Page 6 - no undertaking will be procured from Company’s substantial shareholders in relation to their entitlements under the Rights Issue of Shares. - i.e to say, the entire portion of 101,457,300 Rights Shares will be underwritten by underwriters
Page 13 - The commercial operation dates of the renewable energy power purchase agreement have yet to be determined as the Hydro Plants of Telekosang One and Telekosang Two are under construction phase.
Page 14 - Barring any unforeseen circumstances, our Board expects the Proposed Acquisition of Hydro Asset to complete by the 3rd quarter of 2022 i.e. early September 2022.
Can someone share what was the price just before and just after ex-date? And is it one bonus share for each share before ex-date? Thank you....I didn't follow, but thinking of joining?
@peace99 last closing price before ex was 1.78.. opening was .49. You cannot join now after ex. Price now macam jualan murah…Kira sendiri ya. Dah dapat dividend.30sen. Tunggu bonus share dan warrant. .66 sen ten years!! We will wait patiently. Tq to the management of Jentayu. Will ride along. All the best!!!
@ BanyakZhun, Thanks for the very helpful info! At 56sen now, those who bought at 1.78 may be still losing because .3+.56*2(1 bonus/share)=1.42. Plus 1.5warrant/share. If warrant can get .24, then only breakeven.
@BanyakZhun, no problem. @charlie chia, thanks for the info. Was a bit surprised the ex-price was just divide by 3! But I suppose it's because, if we subscribe to the rights, then we will have 3 shares(original+bonus+right share) for each original share, and the special dividend just go to the subscription?
With their new management n future prospects into RE Further their Warrant tenure is 10 years with exercise price of 66 CTS I think is Worth to keep it
MIDF Investment :- the Company had received valid acceptances and excess applications for a total of 203,466,318 Rights Shares, representing a subscription rate of 200.54% over the total number of Rights Shares available for subscription under the Rights Issue of Shares, resulting in an oversubscription rate of 100.54%.
From bursa announcement and calculate from the figure given Since you already subscribe under OR, you are entitle fully as per your subscribe Good luck to you
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NewbixV
13 posts
Posted by NewbixV > 2022-02-04 09:40 | Report Abuse
if i buy OR now am i entitled to free warrant?