http://www.theedgemalaysia.com/business-news/252274-highlight-sapurakencana-sole-malaysian-firm-among-forbes-asia-fabulous-50-.html good news for skpetrol ;)

You may have 3 options :

1) Subscribe the right issue (L&G-LR ---> L&G-LA)
A form will be sent to your home on 2 Sept, then buy the bank draft and post to registrar before 13 Sept 5pm.
Subscription will be RM0.13 per share.

Then you may convert the L&G-LA into mother share within 5 years before expired.

2) Sell the right issue (L&G-LR)
Sell your right issue on trading period. Your portfolio will be profit for L&G as long as total selling of right issue & mother share (after ex date) higher than your buying price.
Right issue trading period 30 Aug - 5 Sept 5pm

3) Do nothing.
STRONGLY NOT RECOMMENDED. If you choose to do nothing, your shareholding will be diluted thanks to the extra shares issued.

More about right issue : http://www.investopedia.com/articles/stocks/05/062905.asp


hehe correct me if wrong ;)