ringgit here u go PROPOSED SPECIAL ISSUE OF UP TO 215,639,880 NEW PWI SHARES (“SPECIAL ISSUE SHARES”) TO TAN SRI ABDUL RASHID HUSSAIN, PUAN SRI EMILAHANI YANG BINTI MOHD YATIM AND MAHA GAYABINA SDN BHD (“SUBSCRIBERS”) IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF THE SUBCRIPTION AGREEMENT DATED 7 MARCH 2017 (“SUBSCRIPTION AGREEMENT”) (“PROPOSED SPECIAL ISSUE”) THAT, subject to the approval of all relevant authorities, approval be and is hereby given to the Company to issue and allot up to 215,639,880 new ordinary shares in PWI ("Special Issue Shares"), representing approximately 30% of its enlarged issued and paid-up capital to the Subscribers at an issue price of RM0.10 per Special Issue Share. THAT the Special Issue Shares shall, upon allotment and issue, rank pari passu in all respects with the existing PWI Shares, except that the Special Issue Shares will not be entitled to any dividends, rights, allotments and/or other distributions that may be declared, made or paid prior to the date of allotment of the Special Issue Shares. AND THAT the Board of Directors of the Company be and is hereby authorised with full power to assent to any conditions, modifications, variations and/or amendments in any manner as may be required by the relevant authorities and to enter into all such agreements, arrangements, undertakings, indemnities, transfers, assignments, and guarantees with any party or parties and to take steps as they may deem necessary or expedient in order to implement, finalise and give full effect to the Proposed Special Issue.
If we buy pworth at 027 now,we pay 10 cts to subscribed 2right share and we can get one bonus share,is mean we hv 4 pworth share after subscribed with the price 37cts only,pls correct me if I m wrong,tq
@raymond , not for us ... for tat 2 person only ..the day i thought for all of us but the end ... now waiting for 28 may 2017 quater report.. see whetever have surprise or no ... if no this share is game over .
Duncan,the right issue is for existing shareholder ,not for them,u may refer the announcement dated 19 Oct 2016,2 call right issue,if u got one share pworth,u can subscribed 2 right share with 5cts each,and the second 5 cts company help us to pay,then u can get 1 free bonus
mr Raymond6898 , need your help . like say 1 have 100lots, so i have to buy another 100lots with 10c then my shares will be 100lots+100lots (with the price 10cents)+50 lolts is bonus. so total is 250lots..?
If u hv 100 lots,u hv a right to subscribed 2 right share,with subscribed 2 right share,u can get 1 bonus,so u hv 400 lots after u subscribed.the right share is 2-call method ,first call is u need to pay 5cts each to subscribe,so is 10 cts for 2 right share,afterthat you no need pay anymore,second call, company will help u to pay by using company reserved,share premium,you just waiting the right and bonus share transfer in yr cds.
so basically we need more shares to subscribe more? Then more buyers will queue next week and the share price should surge. Not to forget if they release a good QR which is likely to happen
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....
rancidivy
11 posts
Posted by rancidivy > 2017-05-26 15:21 | Report Abuse
Egm apa cerita? Boleh update sikit???