"While the issue price will be fixed by way of a book-building and shall be at no more than a 10% discount to Aemulus' five-day volume-weighted average market price immediately prior to that, the expected gross proceeds to be raised is based on an illustrative issue price of RM1.10 per share, which is at a 4% discount to its five-day VWAMP up to and including Nov 2 of RM1.1458."
4% just an illustrative issue price. Hope it stays at 1.10 which is still in my favour
Aemulus: Secures new orders worth RM4.5m. Aemulus Holdings said its wholly-owned subsidiary Aemulus Corporation SB (ACSB) has clinched new orders with a cumulative amount of approximately RM4.5m. The new orders were given by a customer in Malaysia for the delivery of test systems for the enterprise storage market, but the name of the customer was not specified. (The Edge)
WZSATU-PR will start trading from 13/4/21-19/4/21.
If u are not interested to subscribe, u can try to sell off your rights under counter WZSATU-PR during the trading of rights 13/4-19/4 (if there is buyer or if the sales procced can cover the brokerage cost) on market. As long as u hold mother share u entitle for the rights
Heard "many news" before. "Hangat hangat Tahi Ayam". The promoter Calvin, the champion has abandoned the ship long time ago. Many got trapped here ever since. Your money... your decision. No one to be blamed. Cheers !
@ Peace99 - "down" is least expected on ex date. I was expecting it on Monday though. I worried after the completion of the exercise, the price will further drop. Below my entry price. I learnt too bitter lesson with Fintec :(
Hope the following info gives better understanding. Otherwise, pls contact your broker.
WZSATU - Notice of Rights Entitlement (Ratio)ILC-30032021-00001Renounceable rights issue of up to 643,106,105 Irredeemable ConvertiblePreference Share in WZ Satu Berhad ("WZ Satu") ("Rights ICPS") at an issueprice of RM0.11 per Rights ICPS on the basis of 1 Rights ICPS for every 1existing ordinary share in WZ Satu ("Shares") held by the entitled shareholdersas at 5.00 p.m. on 12 April 2021 together with up to 80,388,263 free detachablewarrants ("Warrants B") on the basis of 1 Warrant B for every 8 Rights ICPSsubscribed ("Rights Issue of ICPS with Warrants") Kindly be advised of thefollowing : 1) The above Company?s securities will be traded and quoted ?Ex-Right Issue? as from: 9 Apr 2021 2) The last date of lodgment : 12 Apr 20213) Retention Money: Where securities are not delivered in time forregistration by the seller, then the brokers concerned:- a) SellingBroker to deduct <1/2>, of Selling Price against the Selling Client b)Buying Broker to deduct <10%>, of Purchase Price against the Buying Clientc) Between Broker and Broker, the deduction of <1/2>, of the TransactedPrice is applicable. Remarks:- The Abridged Prospectus together with theNotice of Provisional Allotment and the Rights Subscription Form for the RightsIssue of ICPS with Warrants (collectively referred to as the "Documents") willonly be despatched to the shareholders of WZ Satu whose names appear in WZSatu's Record of Depositors at 5.00 p.m. on 12 April 2021 ("EntitledShareholders") who have registered addresses in Malaysia. Entitled Shareholderswho do not have a registered address in Malaysia and wish to provide theirMalaysian address, should inform their respective stockbrokers or SecuritiesServices (Holdings) Sdn Bhd to effect the change of address by the EntitlementDate or may collect the Documents from the Share Registrar, Securities Services(Holdings) Sdn Bhd at Level 7, Menara Milenium, Jalan Damanlela, Pusat BandarDamansara, Damansara Heights, 50490 Kuala Lumpur, in which event the ShareRegistrar shall be entitled to request for such evidence as it deems necessaryto satisfy itself as to the identity and authority of the person collecting theaforesaid Documents. Holders of the outstanding Warrants 2014/2024 in WZ Satuwho wish to be entitled to the Rights Issue of ICPS with Warrants must exercisetheir rights to subscribe for new WZ Satu Shares by lodging their dulycompleted exercise forms together with relevant subscription monies with WZSatu's Share Registrar (at the address stated above) on or before 5.00 p.m. on12 April 2021 such that their names will appear in the Record of Depositors forWZ Satu Shares at 5.00 p.m. on 12 April 2021. The Documents are not intendedto be (and will not be) issued, circulated or distributed, and the Rights Issueof ICPS with Warrants is not intended to be (and will not be) made or offeredor deemed to be made or offered for purchase or subscription, in any country orjurisdiction other than Malaysia or to persons who are or may be subject to thelaws of any country or jurisdiction other than the laws of Malaysia and noaction has been or will be taken to ensure that the Rights Issue of ICPS withWarrants or the Documents comply with the laws related to public offerings ofany country or jurisdiction where action for such purposes is required, otherthan the laws of Malaysia. Acceptance of and payment for the provisionalRights ICPS and excess applications must be made by way of the e-RSF enclosedtogether with this Abridged Prospectus and must be completed in accordance withthe notes and instructions in the e-RSF. The Documents will be despatched tothe Entitled Shareholders on 14 April 2021.