NewBZai

NewBZai | Joined since 2017-11-12

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

0

Threads

9

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
9
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2017-11-15 10:13 | Report Abuse

oh... Confirmed that this is not worth to convert at all... RM0.80 per share while the mother share only 0.78. Better buy it directly in the open market. No need to fill in forms and bank draft etc...

Stock

2017-11-14 16:33 | Report Abuse

why don't they just give an easier options of right issue

Stock

2017-11-14 16:32 | Report Abuse

That is the confusion part. the ratio is 8 ICUS to 1 mother shares = 8000*RM0.08 = RM640.
And there is one sentense " by surrendering for cancellation 10 ICPS to be converted into 1 new ATTA share" & " by surrendering for cancellation such number of ICPS with an aggregate value below by conversion price, subjct to a minimum if 1 ICPS, and paying the difference between the aggregate value of ICPS surrendered and the conversion price in cash for 1 new ATTA share". So which one is right now ? haha ... seems no one know exactly how the right issue works. really terrible..

Stock

2017-11-14 11:44 | Report Abuse

funitec, are we getting the new shares (ATTA-XX) or existing ATTA shares ? @.@ If RM 0.64 per mother shares then can convert it

Stock

2017-11-12 22:50 | Report Abuse

Any idea who can I contact to get more information regarding this?

Stock

2017-11-12 22:50 | Report Abuse

How much do I need to pay if I wanna convert all my entitlement ? Is it 0.08 x 10000 = rm800 ?

Stock

2017-11-12 21:53 | Report Abuse

hmm... still not too clear for me. For example if i entitled 10 (10,000) ATTA-PR, so how much should i paid if i want to covert it to new shares ? and what if i don't want to convert it ? because really caused confusion of the sentence " by surrendering for cancellation 10 ICPS to be converted into 1 new ATTA share" & " by surrendering for cancellation such number of ICPS with an aggregate value below by conversion price, sunect to a minimum if 1 ICPS, and paying the difference between the aggregate value of ICPS surrendered and the conversion price in cash for 1 new ATTA share". Can some sifu explain me in details ? Much appreciated <3

Stock

2017-11-12 08:37 | Report Abuse

Or the PR will just burn after 21 Nov if didn't process anything?

Stock

2017-11-12 08:32 | Report Abuse

NewBee here. I entitled for PR so if I not plan to subscribe so it will automatically convert 10 icps to 1 mother shares at no cost? Can someone confirm this ? Thanks