It is going to be an active stock after this corporate exercise,by then we have Tawin, Tawin Wa, and Tawin Pa... And 108 army would be actively involved with the trading ..... 哈哈哈!
For EXISTING holder purchase before ex date, entitle for multiple of 3 OR (in a single bundle of 3 Right Issue share, 6 RCPS & 2 free warrant) per unit share hand.
Eg: based on 1K units, entitle for 3R @ 10sen [ RM 300 ], 6RCPS @ 0.25 [ RM 150 ] and 2 Free Wa. Then need to top up with a bank draft to subscribe your rights entitlement amounting to RM 450 before ex-payment date. [ Note: WITHOUT dispose your OR shares ]
For NEW purchaser of OR, imo the calculation derive as follows based on 1K units share purchase for simple calculation:-
Purchase OR cost say, at 10 sen = RM 100 and have to purchase bank draft amounting to RM 150 in order to eligible for your 1R @ 10 sen [ RM 100 ], 2RCPS @ 0.025 [ RM 50 ] and free 2/3 Wa.
Should refer to your broker dealer/ remiser or underwriting security firm for further clarification/ information.
ZC Chone Anyone know what is my option for the share of delisted TAWIN-OR?
You need another 15 sen for each Tawin OR to subscribe for 1 Tawin with free 2/3 Tawin wa and 2 Tawin PA , and all payment need to reach the registrar on or before 29 July 2019...Failing to do so, all your Tawin OR will become " toilet paper"
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....
Leileidei
3 posts
Posted by Leileidei > 2019-05-24 17:12 | Report Abuse
Be patient bro.. don't worry .. something still cooking..