The good news should come from "what the proceeds are being used for", rather than the "price of the sale". Just my 2 cents. Anyone cares to correct me if my assumption is incorrect?

Care to explain why the price of the sale determines whether it is a good news or bad news? So, if it is high price, means it is good news, but if it low price, it is bad news?

Yep. There will be another price adjustment for the Bonus Issue but there is no effect to the value of your shares since you'll be compensated by the number of bonus shares you are entitled to from the Bonus Issue. Your shares will still be the same value whether it is before or after the Bonus Issue.

Since it is a downward trend now, my personal opinion would be to wait it out until the dust settles.

20 May 2016 is the ex-date. Today, 25 May 2016, trading of the OR commence. Means if your name appears as a shareholder yesterday, you will have an OR allocation today.

The expected big time free fall begun.

Somehow they missed out in announcing the bonus issue proposal on Bursa's website.

Bro, LTAT bought 40,000 of Boustead shares.

I wish we all can read chinese. What does it say?

Mat Cendana, you still have up to Tuesday, 24 May 2016 at 5.00 pm to buy the shares for you to be entitled to the Rights Shares.

The date where it is traded ex-right is 20 May 2016 (i.e. today, that's why the share price is down).
If you want to subscribe for the Rights Shares, you must be a shareholder by 24 May 2016.
The prospectus and forms will be sent out on the 26 May 2016.
Last day to accept the Rights Shares allocated to you is 8 June 2016.

Btw, if you decide not to subscribe the Rights Shares, you can always sell off the OR.

haha! if you have shares in Boustead now, you are entitled to get 2 rights shares for every 5 you are holding now. That form will sampai your house.

Yah, RM3.05 should be only "ex-rights" (without the Bonus Issue). I think once the Bonus is implemented, they'll do another calculation for the "ex-bonus".

A bit premature to conclude that it will be a "ghost town". Care to share your train of thought on how this so called divorce will make it a ghost town?

By right, after the Rights Issue and the Bonus Issue, the theoretical ex-all should be RM2.20 per share. For every 1,000 share you have, you will have to subscribe 400 shares from the Rights Issue @ RM2.55 per share, then you will get 560 shares from the Bonus Issue. You will end up with 1,960 shares after all is completed.

Before or after Share Split, it is the same thing. Last time you would hold maybe 1 share for RM2.00, after the split, 1 share becomes 2 shares, which is RM1.00 each. You are not poorer after the split.