kutumalu

kutumalu | Joined since 2018-07-24

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2018-07-28 14:53 | Report Abuse

I think you may find most of the answers to the questions in the prospectus. Please read and understand what’s in the prospectus first and then you will be more clear of the whole RI exercise. In the prospectus, you will also find a copy of the RSF (rights subscription form), which you need to read and understand the instructions to complete the subscription and/or excess application. So yeah, please read the entire document first. Its current available on the bursa Malaysia website at http://www.bursamalaysia.com/market/listed-companies/company-announcements/5859909

If you have not received the prospectus and form in the mail yet, please go to the above website and read up on the information first.

Stock

2018-07-27 16:30 | Report Abuse

@Brian Loke
If the excess shares are entitled to Bonus Issue, then this is actually an attractive buy for long term. I may consider getting the excess now.

Stock

2018-07-27 16:03 | Report Abuse

That's nice Brian Loke! I'll do the same shortly as well.
I've a quick question:

Say if I purchase the excess rights shares (in addition to my Provisional Allotment), will my excess shares be entitled to the Bonus Issue of 2:1 as well?

My understanding is that they won't be entitled to Bonus Share because ex-date was on Jul 20 2018 right? Kindly correct me if my understanding is wrong. Thanks!

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2018-07-27 14:04 | Report Abuse

Thank you for the clear explanation. Much appreciated!
I have a question, if we buy PWORTH-OR from the open market between the period of (Jul 23-27), are we still entitled to the Bonus Issue (BI) of 2:1 then? My understanding is that we won't be entitled to the bonus issue anymore because the ex-date was on Jul 20 2018. Please correct me if I'm wrong. Thanks!

Stock

2018-07-27 10:27 | Report Abuse

according to the prospectus, there are 2 banks that currently offer e-rights subscription via online banking; (1) public bank & (2) affin bank

for detailed info and instructions, please read the prospectus online at http://www.bursamalaysia.com/market/listed-companies/company-announcements/5859909 (if you haven't already received the prospectus & form)

Stock

2018-07-26 17:32 | Report Abuse

Hi Brianloke, many thanks for this important info! We can now subscribe to the RI via PBE online, quick and secure. Awesome!