Important Relevant Dates for Renounceable Rights (AMENDED)
RENOUNCEABLE RIGHTS ISSUE OF UP TO 797,746,170 NEW ORDINARY SHARES IN PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("PDZ SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.14 PER RIGHTS SHARE TOGETHER WITH UP TO 265,915,390 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 1 OCTOBER 2021
Ex-Date = 30 Sep 2021
Date for trading of rights = 04 Oct 2021 - 10 Oct 2021
Date for announcement of final subscription result and basis of allotment of excess Rights Securities = 25 Oct 2021
Acceptance and Payment 18 Oct 2021 05:00 PM Excess share application and payment 18 Oct 2021 05:00 PM
Available/Listing Date 02 Nov 2021
Ratio (New : Existing) 6.0000 : 1.0000 Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.1400
======================================
Exercise price of Warrants C = RM0.16 per Warrant C
=========================================
Consolidated (10:1) price on 9/8/21 = 0.30 Price as at 2/9/21 = 0.20
=========================================
On ex-date 30/9/21, price will be adjusted downward based on 6 rights shares and 2 free warrant for 1 share
=========================================
Look at price movement of other penny stocks with similar exercise.
PN17 then delisted will be good for this counter..if u r clever enuf..actually got someone already post the list of conmen counters in bursa…sanichi and pdz are among them…take it as lesson to learn..better then infuture lose more than u thk..
Dun simply believe in people comments then go invest..then u will lose till left pant..be clever investors..what Pak tua. Pang or who claim how good they can carry the group or troops..all is syndicate only la..even me u also dun have to believe..believe only in urself..gain experience when lose money…
U have two choice: 1st let go when shoot up a bit or hold for years when it gonna trap people again then it will shoot up the price then u just let go..otherwise this counter no future..so decision for in your hand..to NEWBIES..just monitor from time to time..when got chance to let go..then faster run..
The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?
If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.
If his answer is NO, he probably has BAD INTENTION on the company and its shareholdersFOR
Eastern686 The question is not whether he has any shares, it is "is what he wrote true or false? ----------------- Some are true, but many are false and in ill intention information, misleading and some are only based on his wild accusations. If he don't has any shares on his targeted counter, I think his probable ill intention acts will be more obvious.
MZM2511, u invest a lot in this counter..why U so panic??? U can hold till it goes up just sell.I believe whistleblower99 has good intention to remind newbies getting trap again…if goes up is good what..since many can sell higher price..sell 50% then sell 70% then sell100% ..then shld be able to lower the loss
Most of d shipping companies were doing great & distribute good dividends lately, including those in Msia. Any sifus here can share y PDZ needs to raise funds, increase its line up or new biz ventures?
RENOUNCEABLE RIGHTS ISSUE OF UP TO 475,295,394 NEW ORDINARY SHARES IN SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY") ("SAUDEE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE TOGETHER WITH UP TO 237,647,697 FREE DETACHABLE WARRANTS IN SAUDEE ("WARRANTS B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 MAY 2021 ("RIGHTS ISSUE WITH WARRANTS")
================================= RI Price = 15sen Current Price = 7sen ==========================
RETAILERS should get smart, not to contribute to any fund raising exercise by loss making penny stock company run by hopeless directors who are not smart in making profit from business.
9 years of 10 were making losses, sustained by money from share issuance and conversion of warrants
Those who are deciding whether to subscribe the rights issue, should take a look at the price movements of other stocks with more or less similar shares consolidation and RI exercise.
NEWBIES, STAY OUT OF THIS STOCK. MOST LIKELY THE PRICE MOVEMENT WILL BE THAT OF PASUKGB WHICH IS NOW BELOW RIGHTS PRICE AFTER LESS THAN 2 MONTHS OF LISTING.
1. CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("PDZ SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 11 AUGUST 2021 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 797,746,170 NEW ORDINARY SHARES IN PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("PDZ SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.14 PER RIGHTS SHARE TOGETHER WITH UP TO 265,915,390 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 1 OCTOBER 2021
================================= Share consolidation on 11/8 (COMPLETED) consolidated price = 0.30
============================ Trading of OR from 4/10 - 8/10
============================ Acceptance and Payment 18 Oct 2021 05:00 PM Excess share application and payment 18 Oct 2021 05:00 PM Date for announcement of final subscription result and basis of allotment of excess Rights Securities 25 Oct 2021 Available/Listing Date 02 Nov 2021
=============================
Be reminded that the price is already ex-rights. Buying mom now will not be entitled to rights issue with free warrants
================================ Trade wisely, don't be trapped at high price
Directors are responsible to ensure success of rights issue to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue.
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....
whistlebower99
5,255 posts
Posted by whistlebower99 > 2021-09-03 12:22 | Report Abuse
Important Relevant Dates for Renounceable Rights (AMENDED)
RENOUNCEABLE RIGHTS ISSUE OF UP TO 797,746,170 NEW ORDINARY SHARES IN PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("PDZ SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.14 PER RIGHTS SHARE TOGETHER WITH UP TO 265,915,390 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 1 OCTOBER 2021
Ex-Date = 30 Sep 2021
Date for trading of rights = 04 Oct 2021 - 10 Oct 2021
Date for announcement of final subscription result and basis of allotment of excess Rights Securities = 25 Oct 2021
Acceptance and Payment 18 Oct 2021 05:00 PM
Excess share application and payment 18 Oct 2021 05:00 PM
Available/Listing Date 02 Nov 2021
Ratio (New : Existing) 6.0000 : 1.0000
Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.1400
======================================
Exercise price of Warrants C = RM0.16 per Warrant C
=========================================
Consolidated (10:1) price on 9/8/21 = 0.30
Price as at 2/9/21 = 0.20
=========================================
On ex-date 30/9/21, price will be adjusted downward based on 6 rights shares and 2 free warrant for 1 share
=========================================
Look at price movement of other penny stocks with similar exercise.
Trade wisely, don't be trapped for years