depends on the residual value (meaning to say the value to be refunded to the shareholders if you are still holding the shares after the company is being delisted then). The amount will be annouced by the company later. KASSETS is a holding company and I don't see much assets left in their balance sheet after the disposal...So my guess is less than RM0.05 left..Good luck.
they got lot cash to buy new asset for now so expect new Acquisition/Merging news will come out soon be patient beside it hold 63% of IGB Holding..so i do believe it wont become penny stock but maybe will bcom like the CI Holding case which recently boost from rm0.8 to rm1+..
bro,u got me wrong.u made a terrible mistake in holding n buying kassets at this moment,without knowing the real situation n yet claiming that patience n research in everything in share market....apparently u hv done no research on this at all....
how much it will trade depends on the big players.i am saying if u hold the shares after the suspension n delisiting,u will entitle to less than 0.03 after the winding up.so,sell to the market as long as they r willing to pay u higher than that
one peculiar example is pacmas,the realised amt paid to the shareholder after the winding up was ard 0.05.anyway pacmas closed at 0.18 at the last day of trading last year.very funny
The Board of KrisAssets hereby informs that an extraordinary general meeting will be convened by end May 2013, to seek the approval of the shareholders to wind-up KrisAssets (“Proposed Members’ Voluntary Winding-Up”) and to appoint liquidators to facilitate the liquidation process. Based on the unaudited consolidated financial statement of KrisAssets as at 30 September 2012, the proforma net tangible assets of the Company is RM0.03 after taking into consideration the following events:
Hi .. i am a newbie .... just want to find out, i bought this share early Jan 2013 at 2.58 and just sold at 13cents entitlement date is 18/01/2013 04:00 PM will I get my 2.60 on payment date 06/02/2013? pls advice.
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....
freedomdream
82 posts
Posted by freedomdream > 2013-01-17 10:27 | Report Abuse
that means i will lose all the money if hold the price will go to 5 cts??