Question regarding Bonus Issue

Posted by Ngu Toh Onn > 2014-03-09 11:53 | Report Abuse

Hi, I new to share investmnet. Can someone kindly help me explain my question? Bonus Issue: Entitlement description Bonus issue of up to 120,317,166 warrants in EA Holdings Berhad ("EAH") ("Warrant(s) B") on the basis of two (2) free Warrants B for every nine (9) existing ordinary shares of RM0.10 each in EAH held at 5.00 p.m. on 24 February 2014 Ratio: 2:9 Question 1: I got 90 share which i bought it at RM 0.18. How many total share will i get? Question 2: Can you explain about the phares "existing ordinary shares of RM0.10 each "? Does it mean the share price will be revised at RM 0.10? *I would like to forward my appreciate and thks to those help me answer my question.

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2 comment(s). Last comment by Ngu Toh Onn 2014-03-09 19:11

tonylim

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Posted by tonylim > 2014-03-09 13:12 | Report Abuse

This is the par value of the shares. Nothing to do wt share price. This is like the share or biz owner fixed the par value as 10c. Like you if you start a biz wt rm10k then the company actually issue you 100k shares because the par value is 10c. Say Eah shareholders started the biz wt 100k shares.. now the biz is worth 18c as you said. The investors in bursa now see the value as 18c coming from profit over the years and many other things.

"existing ordinary shares of RM0.10 each

Ngu Toh Onn

2 posts

Posted by Ngu Toh Onn > 2014-03-09 19:11 | Report Abuse

Thks a lot tonylim

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