hi, noob here. not holding any mitra share now but can apply e-rights? say apply 1000 erights, do i get all 1000 erights or depends on anything? thanks.
@sockz, have to buy MITRA-OR from open market, let say if u want subscribe 1000 erights, u have to buy 1000 MITRA-OR first (around 0.36/share), then go to subscribe eRights, only can get 1000 MITRA right shares
It largely dpens on d board of directors generousity. If dey dun subscribe for d excess, then v got more hope for d excess. But if d other way rnd, v will got exactly wat v entitled for as offered in d red PAL form. Board of Directors has d ultimate right to grant for d excess in a fair & equitable basis
Since the current Warrant D is priced at 13sen with exercise price of RM1.09, can we assume the coming Warrant E would be worth roughly 28sen because the exercise price is only RM0.94? or it doesn't work that way because warrant E probably has lower premium?
I not yet receive the right issue entitlement letter. Anyone same like me? If want to use the bursa form. How to fill up completely? Anyone can advice? 1st time deal with right issue
@Alex Lim , the easiest way is open a saving account with public bank, use public bank investment section to subscribe the e-rights. they only charge RM4 commision charge + RM0.24 gst charge
from the prospectus: “Successful applicants of the Rights Shares will be given Bonus Shares and Warrants on the basis of one (1) Bonus Share and one (1) Warrant for every two (2) Rights Share successfully subscribed for. You are always entitled to accept part of your entitlement to the Provisional Allotments, PROVIDED ALWAYS that the minimum number of Rights Shares that may be accepted is one (1) Rights Share, but you would not be entitled to any Bonus Shares and Warrants. ”
If i am entitled to 1.8 right shares, how many bonus & warrant shares do i get? I get 500 units or 900 units of bonus & warrant shares? i am confused and first time come accross these thing, anyone can help? thank you!
Give up the right issues and quit share market because the GE is going to be dirt play, can't get rid off the big devil gang whole country would be in hell, no joke.
reiki6, presumably your 1.8 means 1800. If that's the case then you are entitled to 900 bonus shares and 900 warrant, but you would need to subscribe for the rights to get those entitlements
Duenchan, if nvr received d rghts form by post, v can download frm bursa website bsides juz to let our rights to b burnt. Hence, pl provide options to others when u share ur views
ALFI3,pls understand the situation before you give advice. He only has 1 day left when he asked for advice. If I were him I rather open a PB bank account than putting my hope on courier services to deliver my form within 24 hours.
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....
Lim Tek Wai
2,386 posts
Posted by Lim Tek Wai > 2018-04-02 10:41 | Report Abuse
expired 2020.. chill