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  lee_m2020 beyond that, just keep TRIVE until they make business with TESLA.. hhehehe 22/01/2021 12:40 PM Stockisnotfun Ok ma get 0.005 ordinary. Cessation is on 2 feb. I sell back to 0.005 before cessation. Just lost the brokerage fee. 22/01/2021 12:44 PM lee_m2020 Company Declaring Renounceable Rights with Free Warrants offer – Things you must know When a company declare Renounceable Rights (or Rights Issues) with Free Warrants offer to existing shareholders, here are few facts you must understand. The company needs more money for a specific project The company does not want to secure more bank loans The company does not want to take a private placement (PP) as it only involve a single party instead of its entire existing shareholders i.e.; retails and institution investors The company offers the existing shareholders more shares + free warrants so any takers shall not experience price dilution of their existing share as the free warrants are at discounted price. The warrants expire within a few years and at anytime later you can sell or convert it to the mothershare at gain. 22/01/2021 12:44 PM lee_m2020 There are important dates: The Exdate e.g.; 20 July 2020, which whoever existing shareholders still holding share beyond the exdate shall receive the offer. If you buy on 19 July and did not sell on 20th, you are entitled too. The Right commence of Trading Date – this date e.g.; 1 August 2020 will allow you to start selling your existing Renounceable Rights if you do not want it. You will notice a new lot of share has been added into your Bursa Account. Selling it during early hours of the first day of its opening is a gain. If you want to buy more than what you have been allotted, you could do so via Bursa’s open market (do not buy first unless until you know the exact amount to pay during Acceptance Date via its online system because the amount to pay could be not affordable. You could use the system as a calculator). The Prospectus and Provisional Allotment Letter of Offer will be sent to you on later date e.g. 5 August 2020. In the letter contains a form for you to fill up and pay using draft/money order (not recommended to fill). It is better you go into the appointed Manager’s online system e.g. if TRICOR is the Manager to manage the whole excercise.. You can see the amount payable based on the total Rights you want to subscribe. Payment can be done online via existing MEPS bank transfer. 3) The last day and time for Acceptance, Renunciation and Payment : E.g.;10 August 2020 5:00pm. Beyond this date, the Renounceable Rights will be gone and the loss in value will be reflected in your mother share later once this excercise completed. 22/01/2021 12:47 PM lee_m2020 Here are your possible direction to take if you are currently holding its existing share: Ignore the offer and hold your existing share in a long term but it will be diluted in value Subscribe partial, full or buy even more – there is a huge amount you must pay during Acceptance, Renunciation and Payment process. Ignore the offer and sell (for a short term gain) your existing share during the last day of Acceptance, Renunciation and Payment date as the price of the stock will be very high (if you have the money, i recommend you to take it and pay if the fundamental of the company is good or if the prospect of the project could spin-off a turnaround profit in the future. If it does, the future will be a massive gain) If it happen that you bought more of the RI via the open market but during Acceptance you pay for less than the amount of alloted + bought via open market, the remaining loss in value would be reflected in the mother share later as going to appear in your CDS account together with successful subscribed warrants. 22/01/2021 12:47 PM Stockisnotfun Lets say i only buy the ordinary shares from open market. What will happen after cessation period? I must convert else my units i holding will be gone? 22/01/2021 1:03 PM boyboy2021 Currently I have 20k = RM 3.3k mother and 120k = RM 600 OR. What should I do sifu sifu Lee-m2020 22/01/2021 2:27 PM lee_m2020 Read my posting higher above TRIVE-OR is the Renounceable Rights as mentioned. ----------------------------- Bryanbt What will happen to or? 22/01/2021 2:48 PM 22/01/2021 3:03 PM Stockisnotfun What will happen after the cessation period for the OR? Will this automatically converted to warrant without additional charge or i need to pay extra for conversion? 22/01/2021 3:09 PM cashflow What to do, it’s old and retarded people in management. We can only watch them burn our money 22/01/2021 3:20 PM Bgt 9963 By looking at the scenario of this stock and 20+ others...some sort of front to money laundering.....! 22/01/2021 3:25 PM Stockisnotfun This is a con stock la. Of course no one want to buy. Ordinary warrant offer price at 0.100 now drop until 0.005. You need to top up how much to convert haha. 22/01/2021 3:36 PM 陳 彥霆 please dont subscribe the TRIVE-OR, within 2 days before the listing of right shares, the syndicate will get securities lending and throw the TRIVE mother shares. So no point to subscribe 22/01/2021 3:38 PM morivae Seriously why there's still people buying into this stock, even those that work in this company also ask avoiding from buying this company shares 22/01/2021 3:42 PM lee_m2020 It is your call... u know better your own trading style and TRIVE.. my above mentioned comments self explained all possible directions. ------------------- boyboy2021 Currently I have 20k = RM 3.3k mother and 120k = RM 600 OR. What should I do sifu sifu Lee-m2020 22/01/2021 2:27 PM 22/01/2021 5:17 PM lee_m2020 If u have 1000lot shares u will received TRIVE-OR 3000lot If u subscribe, the free warrant will be 1750lot Anyone knows how much mothershare will be obtained? 22/01/2021 5:31 PM lee_m2020 IMPORTANT RELEVANT DATES AND TIMES Entitlement Date : Thursday, 21 January 2021 at 5.00 p.m. -----------------------Last date and time for---------------------- Sale of Provisional Allotments : Friday, 29 January 2021 at 5.00 p.m. Transfer of Provisional Allotments : Wednesday, 3 February 2021 at 4.30 p.m. Tuesday Acceptance and payment : Tuesday, 9 February 2021 at 5.00 p.m. Excess Rights Shares with Warrants C Application and payment : 9 February 2021 at 5.00 p.m. 22/01/2021 5:36 PM Stockisnotfun lee_m2020, I want to ask if I bought the TRIVE_OR from open market means I already subscribed and will automatically convert to warrant once the expiration date reached? 22/01/2021 7:29 PM multiproduct If players got caught and their share become dust, will the company become dust and kaput too (close shop)? 22/01/2021 7:43 PM multiproduct I mean... If the shares become too cheap and worth nothing, will the company becomes worthless too? Can close shop (time to lelong whatever the company have)? Will the company owner allows that to happen? 22/01/2021 7:49 PM siduit in this current situation, everyone needs extra cash in order to survive, as long as company still have business, the company always have value to be traded in the market 22/01/2021 8:17 PM Bgt 9963 Scam company no need to pay anybody when close shop..just change a new name....! 22/01/2021 8:25 PM 陳 彥霆 Avoid subscribing the right issue, the syndicate will get securities borrowing 1 or 2 days before the listing of right shares one month later. after right shares lists then share price will go around 8 to 9c. 22/01/2021 10:01 PM apolloang dgb pump until 40cts also die,u think this stock no pump can survive when the rights issue is back? another mlab I presume,cos same 12 rights with 7 free warrants 22/01/2021 10:08 PM HamsterHuat May i know if today is the 1st Day for OR trading? Let me tell you guys/ladies "believer Trive" the Story of DGB. Immediately after Share Consolidation 10:1 DGB offer RI about 1 to 2 week later at 0.12cent During OR Trading 1st day....trading 0.010/0.005 2nd day....limitdown to 0.005 until end of OR Trading period. During this time, Mothershare pump up to look good until just above 30 cents before slowly press down to 10.5 just a day before RI and Warrant listing today. Guess what happen to DGB share today Mother close 0.09 while Warrant close 0.02 So, making profit or donating your hard earn funeral money? The Same will happen to TRIVE as it is part of Fintech group. 22/01/2021 10:42 PM Stockisnotfun Hmm i thought mother will be limit down after seeing the OR only cost 0.005 haha? Why no limit down? Some haven't see the OR price yet haha? 22/01/2021 10:43 PM  |
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