limit up soon. lets see after 230pm

pls add me thank you

Top Glove - targets USD$35 Billion Sales (Grow More than 30 Times from NOW)

https://klse.i3investor.com/blogs/topglove888/2020-07-09-story-h1509832516-Top_Glove_targets_USD_35_Billion_Sales_Grow_More_than_30_Times_from_NOW.jsp

Paktua please add me too

DK, your comments were quoted as follows.

It is not true by saying market price has to trade above RM1.00. No one says that the rights issue price will be fixed at RM0.40, it can be fixed at any price, above or below RM0.40. In the circular, it was stated as "illustrative issue price", meaning, in order to show the calculation, they ASSUME issue price to be at RM0.40. This is just an illustration, not a guidance.

It can fall below RM1 and rights issue price to be fixed at a price lower than RM0.40. Please take note.

From DK66's write up:

In order to give at least 50% discount to TERP, the market price has to trade above RM1.00 during price fixing in order to give 50% discount.

(RM1.00 x 4) + (RM0.4 x 2) /6 = RM0.80 (TERP) => 50% discount => RM0.40 (Right Issue Price).

DK you may add me in the group. I read the circular, there's some minor error.

DK, your comments were quoted as follows.

It is not true by saying market price has to trade above RM1.00. No one says that the rights issue price will be fixed at RM0.40, it can be fixed at any price, above or below RM0.40. In the circular, it was stated as "illustrative issue price", meaning, in order to show the calculation, they ASSUME issue price to be at RM0.40. This is just an illustration, not a guidance.

It can fall below RM1 and rights issue price to be fixed at a price lower than RM0.40. Please take note.

From DK66's write up:

In order to give at least 50% discount to TERP, the market price has to trade above RM1.00 during price fixing in order to give 50% discount.

(RM1.00 x 4) + (RM0.4 x 2) /6 = RM0.80 (TERP) => 50% discount => RM0.40 (Right Issue Price).