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Stock
2021-06-10 23:25 | Report Abuse
RNS Number : 5320B
Hon Hai Precision Industry Co Ld
10 June 2021
Subject: Subsidiary, Foxconn Singapore Pte Ltd obtaining Dagang NeXchange Berhad shares
Date of events: 2021/06/10
Contents:
1.Name and nature of the underlying assets (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g., dividend yield, etc.): Dagang NeXchange Berhad Common stock
2.Date of occurrence of the event:2021/06/10
3.Amount, unit price, and total monetary amount of the transaction:
(1)ARCADIA ACRES SDN. BHD.: 1,000,000shares at MYR 09 each per ; MYR 900,000
(2)ANNEDJMA CAPITAL SDN. BHD. : 22,640,000 shares at MYR 0.9 each per ; MYR 20,376,000
(3)AZMAN BIN KARIM : 96,360,000 shares at MYR 0.9 each per ; MYR 86.724.000
Total :120,000,000 shares at MYR 0.9 each per ;Total transaction amount: MYR 108,000,000
Stock
2015-02-10 16:30 | Report Abuse
Hey everyone, since the deal is worth 400m and is funded by 400m worth of new shares of TMC life, in addition 1 warrant is given for every 2 shares for the abovementioned shares. Wouldnt this mean that TMC is overpaying for the assets?
Secondly, if there are new warrants for current shareholders to the tune of about 500m, wouldnt this all dilute the share price?
Thirdly, what is the typical timeframe for the exdate after announcement?
Stock: [DNEX]: DAGANG NEXCHANGE BERHAD
2021-06-10 23:26 | Report Abuse
Purchase price higher than today’s closing. Going to fly tomorrow