RENOUNCEABLE RIGHTS ISSUE OF 417,747,955 NEW ORDINARY SHARES OF RM1.00 EACH IN MALAYSIAN AIRLINE SYSTEM BERHAD (“MAS” OR “COMPANY”) (“SHARES”) (“RIGHTS SHARES”) AT AN ISSUE PRICE OF RM2.70 EACH, PAYABLE IN FULL UPON ACCEPTANCE, AND 417,747,955 REDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.10 EACH IN MAS (“RCPS”) AT AN ISSUE PRICE OF RM1.00 EACH, PAYABLE IN FULL UPON ACCEPTANCE, ON THE BASIS OF ONE (1) RIGHTS SHARE AND ONE (1) RCPS FOR EVERY THREE (3) EXISTING SHARES HELD AT 5.00 P.M. ON 1 OCTOBER 2007 (“RIGHTS ISSUE”)
How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on ex-Date.
On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....