Highlights
KLSE: VELESTO-WA (5243WA)       UMW OIL & GAS CORPORATION BERHAD MAIN : Energy
Last Price Today's Change   Day's Range   Trading Volume
0.15   0.00 (0.00%)  0.15 - 0.16  9,049,300

Overview

Type:Warrants
Sector:
Listing Date:Oct 25, 2017
Maturity Date:Oct 18, 2024
Issue Size:1,513,399,754
Exercise Price:MYR 0.395
Ratio: 1:1
Underlying Stock:VELESTO
Avg Volume (4 weeks):22,572,931
4 Weeks Range:0.12 - 0.165
52 Weeks Range:0.05 - 0.17

Additional Info

Announcement: [Oct 24, 2017] Profile for Securities of PLC
Issuer:-
Description:ISSUANCE OF 1,513,399,754 FREE DETACHABLE WARRANTS IN UMW OIL & GAS CORPORATION BERHAD ("UMW-OG") ("WARRANTS") ISSUED PURSUANT TO THE: (I) RENOUNCEABLE RIGHTS ISSUE OF 4,836,727,688 NEW ORDINARY SHARES ON THE BASIS OF 14 RIGHTS SHARES FOR EVERY 5 SHARES HELD TOGETHER WITH 1,209,181,678 WARRANTS ON THE BASIS OF 1 WARRANT FOR EVERY 4 RIGHTS SHARES SUBSCRIBED ("RIGHTS ISSUE WITH WARRANTS"); AND (II) SUBSCRIPTION OF 1,216,872,312 NEW ISLAMIC REDEEMABLE CONVERTIBLE PREFERENCE SHARES ("RCPS-i") TOGETHER WITH 304,218,076 WARRANTS ON THE BASIS OF 1 WARRANT FOR EVERY 4 RCPS-i SUBSCRIBED BY PNB AND/OR OTHER PNB FUNDS ("SUBSCRIPTION")
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  2 people like this.
 
wokan guys, hold tight ya
09/01/2018 8:22 AM
edison5351 mother share UP warrant remain, mother share down warrant also DOWN, deii yyanadeii, what logic is this ?
09/01/2018 12:16 PM
nizam5634 gearing factor..1.85 below than 3 sure follow mothershare..
10/01/2018 12:09 AM
pofit10 menjunam to south
10/01/2018 3:03 PM
James Sell 0.215 cut gain
11/01/2018 10:51 AM
wokan patience
11/01/2018 5:21 PM
edison5351 jump plane ady no more hope
16/01/2018 10:03 AM
superman2017 back to origin
16/01/2018 11:27 AM
Love81 Will up tomorrow?
22/01/2018 9:29 PM
SHQuah a lot of seller in 0.175 and 0.18.....0.17 cannot support.
24/01/2018 2:20 PM
joni expired on 2024 ; bought some to average
29/01/2018 10:48 AM
wan2bsuper time 2 buy no regret its already bottom at 13.5 cts , when listed it rise from 9 cts to 15 cts and highest 26 , its good value to collect
14/02/2018 11:50 AM
Nic Nicholson 我买0.245后就没升过~晕~
02/03/2018 2:40 PM
edison5351 is time for u to leverage now. buy call from HLG
06/03/2018 1:54 PM
keropea things is brewing for election next monday. GOGO uP
23/03/2018 8:52 AM
edison5351 kasi terbang
27/03/2018 11:57 AM
CAF-POW @keropea, Why is this a GE stock play?
28/03/2018 7:57 PM
edison5351 @ CAF-pow betul this is PNB's baby boy
30/03/2018 12:14 PM
FlowerhornKing66 Post removed. Why?
01/04/2018 10:36 AM
Risk Trader Is time to accumulate...up trend already
09/04/2018 11:52 PM
edison5351 0.155. told u guys this is GE play. coming 23cents
11/04/2018 9:43 AM
Jordan Khoo Great Eastern
11/04/2018 10:24 AM
11/04/2018 10:24 AM
edison5351 https://www.cnbc.com/2018/04/12/trump-decision-on-syria-strikes-coming-fairly-soon.html
13/04/2018 4:18 PM
LimKL1 Monitor closely.......
13/04/2018 4:29 PM
edison5351 TP for warrant is 30 cents
13/04/2018 5:04 PM
mafiaa18 melampau TP 30 cents. Be realistic pls
13/04/2018 5:54 PM
Jasper Coo cannot la this tak boleh pakai one
13/04/2018 5:55 PM
SHQuah Velesto Energy aiming for 100% utilisation of jack-up fleet
Malaysian drilling contractor Velesto Energy (formerly UMW Oil & Gas) is hoping that within weeks it will have secured 100% utilisation for its seven-strong jack-up fleet, writes Amanda Battersby.

“Besides working on the extension of existing contracts, the group is also bidding and negotiating for new contracts to replace expiring ones,” said Velesto.

Jack-up Naga 8 is expected to have its existing contract with Hess offshore Peninsular Malaysia extended by another two years to around mid-2020. Meanwhile, one source suggested that a sister rig, Naga 7, could be in line to secure a contract with Shell due to start in the third quarter.

Of Velesto’s already chartered units, UMW 5 is about to start a two-well contract for Repsol off Sabah, East Malaysia. UMW 5 is scheduled to drill the Realgar-2 and Axinit-1 exploration wells on Block SB 309. “The utilisation rate is expected to stay at a relatively healthy level in the near future,” added Velesto. “However, time charter rates remain challenging due to the global oversupply of rigs,” cautioned the contractor.

Kuala Lumpur-listed Velesto officially changed its name from UMW Oil & Gas on 25 May.
05/06/2018 3:55 PM
md1961 Can anyone help to explain what is Velesto-WA? Is it good to take up WA? If yes why?
23/10/2018 7:49 AM
oranje md 1961

some comoelling argument for wa not too fat away from exercise price, period still long........
30/11/2018 9:40 AM
matket Last minute move today....tomorrow continue?
20/02/2019 8:25 PM
Ron90 fully loaded
11/03/2019 3:34 PM
unluckyguy now moving...
12/03/2019 10:59 AM
Ron90 this Golden Warrant will give much much higher return compare to his mother :-)
14/03/2019 11:38 PM
princeo 提醒: 公司压低母股的股票让持有warrant变成废纸!
warrant是公司发行附加股免费送的,一旦大股东卖完warrant他们将压低价格直到warrant低于行使价格直到warrant到期变废纸。 很多小股民都是损失了大部资金在买warrant.
warrant 是一个风险极高的赌博产品。
21/03/2019 11:33 AM
unluckyguy Touched 0.13 today.....hopefully will go up and up!
23/04/2019 3:14 PM
Besto wow......
16/07/2019 4:54 PM
Ron90 keep until 2024..by that time, mother already 1.00..huhu
16/07/2019 5:06 PM
Yap Han Han Dreaming or reality boss???
17/07/2019 3:50 PM
fosther KUALA LUMPUR (Jul 15): Finance Minister Lim Guan Eng said he may pay another visit to China, potentially Shenzhen again, to attract more investment into Malaysia.
Lim said although the US is the largest foreign investor in Malaysia and is expected to continue to increase, but the potential of China’s capital is increasing.
“China has its advantage, and the US has its advantage. These two countries are among the best in terms of foreign investment, and they are both very important,” he told local Chinese media Kwong Wah Daily in an interview last Saturday.
Lim said if he visits China again next month, his focus will be on investment, so one of the destinations would likely be Shenzhen, to attract high-tech, high-value Chinese major manufacturers to invest in Malaysia.
Lim also said after his first official visit to China earlier this month, both countries' governments are discussing the possibility of establishing an interactive channel for the stock exchanges of both countries.
Lim said he would discuss this further with Chinese authorities if his next visit to the country materialise.
"I hope we can yield some results in the near future," he said.
Lim said in addition to investment and business, both countries also hope to strengthen securities and stock exchanges areas.
After a visit to the Shenzhen Stock Exchange, Lim said they are studying whether it is possible to create a new platform that makes both capital and stock markets more competitive, and gain more access to financing.
Lim said this would require further works to be done, including formulation of the technological process and financing mechanism.
Lim hopes that after visiting China, he could accelerate the materialisation of this objective.
On the matter of potential raising of Panda bonds from banks in China, Lim said the Malaysian government is still considering it, as the government thinks that it deserves a lower interest rate.
Meanwhile, Lim said after visiting Huawei’s operation in Shenzhen and meeting its management, the technology giant pledged to strengthen its investment in Malaysia.
Lim also said representatives from Huawei will organise a visit to Malaysia as well, and he is scheduled to meet them to discuss more on the company’s potential implementation of 5G technology in Malaysia.
"They will come in a week or two. When I am in Penang, I will discuss with them," he said.
24/07/2019 4:38 PM
fraddieshare Coming QR out, above 0.15
10/08/2019 11:14 AM
fraddiebesto above 0.15 just now...good
23/10/2019 12:40 PM
New19 Today close at 0.16. Do you think can break 52wh of 0.17 anytime soon?
29/10/2019 9:43 PM
fraddiebesto When coming QR out , sure above 0.17. and currently will around 0.145-0.165 range.
30/10/2019 12:56 PM
newcentury9 tp .17/tp.19
06/11/2019 6:49 PM
azta12 add
07/11/2019 2:53 PM
Master dont understand mother been move up.... this warrant son still not move.... ?
07/11/2019 9:36 PM
sheep will only gap up when mother share is 0.50..wakakaka
07/11/2019 10:23 PM
New19 I manage to let go some at 0.16 and the rest at 0.165. Counter moving very slow.
12/11/2019 1:50 AM


 

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