may i know, is it the free warrant entitled for right issue subscription? what if i have existing mother share? Do i entitled the free warrant as well? without subscribe RI?
Now i understand after called my remiser. Today price already adjusted. Rights will appear in our trading account this thursday. then if dont want to subscribe, just sell during right trading period which usually 1 week.
RENOUNCEABLE RIGHTS ISSUE OF UP TO 828,573,600 NEW ORDINARY SHARES IN GREEN OCEAN ("GREEN OCEAN SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 621,430,200 FREE DETACHABLE WARRANTS IN GREEN OCEAN ("WARRANTS B") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 2 DECEMBER 2020.
Hold And Breath. No Worries , 4/12/2020 AGM To Report Profit Guys
For 100k shares on hand, you will get 200k rights to be subscribed until 9 Dec. If subscribed at RM0.10 per share, need to fork out RM20k. After that you will have 300k of Gocean and 150k free warrants. Correct?
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3309 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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AlfI3
1,280 posts
Posted by AlfI3 > 2020-11-23 07:38 | Report Abuse
Ya nklye, I can recall; if d price shoot up much prior to ex- date, it will b very likely to Permaju pattern