Important Relevant Dates for Renounceable Rights PERMAJU INDUSTRIES BERHAD
Entitlement subject Important Relevant Dates for Renounceable Rights Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 936,309,855 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") ("ICPS") ("RIGHTS ICPS") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS ICPS TOGETHER WITH UP TO 93,630,985 FREE DETACHABLE WARRANTS IN PERMAJU ("WARRANTS") ON THE BASIS OF 10 RIGHTS ICPS TOGETHER WITH 1 FREE WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN PERMAJU ("PERMAJU SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF PERMAJU AT 5.00 P.M. ON 14 JULY 2020 ("RIGHTS ISSUE OF ICPS WITH WARRANTS")
Despatch Date 16 Jul 2020 Date for commencement of trading of rights 15 Jul 2020 Date for cessation of trading of rights 03 Aug 2020 Date for announcement of final subscription result and basis of allotment of excess Rights Securities 13 Aug 2020 Last date and time for : Sale of provisional allotment of rights 30 Jul 2020 05:00 PM Transfer of provisional allotment of rights 04 Aug 2020 04:30 PM Acceptance and Payment 10 Aug 2020 05:00 PM Excess share application and payment 10 Aug 2020 05:00 PM Available/Listing Date 21 Aug 2020
Don't Touch this counter , the fund manager who fry this counter already dispose and run away already.Now only left hot money to trap retailer.
Just share below view with you all.
This month theme play was education or education related counters like MINDA , Sasbadi , SMRT , Pelikan , Eduspec. Now Minda , SMRT and Sasbadi started engine to the sky. MInda is the first choice among this counters because it directly benefit from the university reopen later. Minda subsidiary Cyberjaya University currently recorded increase of foundation students by 39% , Medical student by 24% and oversea students by 30% in year 2019. This Cyberjaya University was rated as 5 stars university by Higher education ministry and this cyberjaya U rated was even higher than Inti University , SEGi university , Nilai University , University Sabah Malaysia , University Selangor , University HELP , University KDU.( These all famous university known among us was rated only 4 stars) So , the conclusion was MINDA GLOBAL was extremely undervalue now and still having huge room to growth. REASONABLE TARGET PRICE is 30 cents . Minda will push up to target in order to gain confident and uphold the IMAGE of the parent who send their son/daughter to Minda's university.
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....
lee_m2020
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Posted by lee_m2020 > 2020-07-08 00:27 | Report Abuse
Important Relevant Dates for Renounceable Rights
PERMAJU INDUSTRIES BERHAD
Entitlement subject Important Relevant Dates for Renounceable Rights
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 936,309,855 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") ("ICPS") ("RIGHTS ICPS") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS ICPS TOGETHER WITH UP TO 93,630,985 FREE DETACHABLE WARRANTS IN PERMAJU ("WARRANTS") ON THE BASIS OF 10 RIGHTS ICPS TOGETHER WITH 1 FREE WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN PERMAJU ("PERMAJU SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF PERMAJU AT 5.00 P.M. ON 14 JULY 2020 ("RIGHTS ISSUE OF ICPS WITH WARRANTS")
Despatch Date 16 Jul 2020
Date for commencement of trading of rights 15 Jul 2020
Date for cessation of trading of rights 03 Aug 2020
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 13 Aug 2020
Last date and time for :
Sale of provisional allotment of rights 30 Jul 2020 05:00 PM
Transfer of provisional allotment of rights 04 Aug 2020 04:30 PM
Acceptance and Payment 10 Aug 2020 05:00 PM
Excess share application and payment 10 Aug 2020 05:00 PM
Available/Listing Date 21 Aug 2020
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See the dates!!!!