GREEN OCEAN CORPORATION BERHAD

KLSE (MYR): GOCEAN (0074)

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Last Price

0.16

Today's Change

+0.005 (3.23%)

Day's Change

0.155 - 0.16

Trading Volume

5,116,300


9 people like this.

4,786 comment(s). Last comment by whistlebower99 2 weeks ago

khang14

1 posts

Posted by khang14 > 2020-12-07 15:15 | Report Abuse

after subscribed, we will receive the warrant and mother share on 4 Jan?

Noned

231 posts

Posted by Noned > 2020-12-07 16:35 | Report Abuse

@khang14
Will appear in CDS 4 Jan 8am.
Can q sell/buy.

Sher11

23 posts

Posted by Sher11 > 2020-12-07 18:40 | Report Abuse

Hi all sifu, may I know the OR can subscribe half and sell the remaining? And if yes what is the outcome of mom and RI?

Noned

231 posts

Posted by Noned > 2020-12-07 19:15 | Report Abuse

@sher11
U may sell all or any remaining OR.
The math ratio...Every 4 OR u subscribe..u will get 4 mom n 3 free warrants.
Ex. 100 OR subscribe at 10 sen...
U will get 100 mom share n 75 free
warrants..

Sher11

23 posts

Posted by Sher11 > 2020-12-08 01:08 | Report Abuse

hi sifu, i have buy in partially OR and pending to accept. Can i sell my OR?

Noned

231 posts

Posted by Noned > 2020-12-08 07:16 | Report Abuse

@Sher11
I x sifu.
Trade OR start 3 Dec to 9 Dec 5pm
U may sell all/partially/buy back/sell back
U may subscribe until 17 Dec 5pm

Noned

231 posts

Posted by Noned > 2020-12-08 09:07 | Report Abuse

U may also sell mom at 11 then buy OR at 1 sen.
Then subscribe RI at 10 sen..
U will get more warrant.

Just a thought..
Consult with ur remiser 1st.........

Posted by sahtis56 > 2020-12-08 09:40 | Report Abuse

Hi Sifu, I tried to sell OR via Rakunten but always pending. Can advise how to sell it?

Posted by zarifahmad > 2020-12-08 10:59 | Report Abuse

I have 120,000 OR,
when can I buy the new share @ RM0.10?
11-17 Dec?

Then what happened to OR? just gone like that?

Noned

231 posts

Posted by Noned > 2020-12-08 11:16 | Report Abuse

@sahtis56
Pls consult with ur remiser now.

Noned

231 posts

Posted by Noned > 2020-12-08 11:30 | Report Abuse

@zarifahmad
U can subscribe now until 17 Dec 5pm.

Noned

231 posts

Posted by Noned > 2020-12-08 11:35 | Report Abuse

@zarifahmad
Remaining OR not subscribe will be forfeited n disappear from ur CDS after 17 Dec.
U may sell remaining OR not able to subscribe before 9 Dec 5pm..

Sher11

23 posts

Posted by Sher11 > 2020-12-08 11:53 | Report Abuse

Hi sifu, subscribe now until 17 Dec 5pm? May I know what does it mean

Noned

231 posts

Posted by Noned > 2020-12-08 12:19 | Report Abuse

@Sher11
17 Dec 5pm is deadline for them to receive ur form n bank draft for subscribe t RI.
T early t better..

fariz49

6 posts

Posted by fariz49 > 2020-12-08 12:36 | Report Abuse

Noned, what is mom? I have 6000 OR, if u dont sell or buy anything, whats gonna happen?

Noned

231 posts

Posted by Noned > 2020-12-08 12:55 | Report Abuse

@fariz49
Mom refer to Gocean share which trading now at 11/11.5
The 6000 OR will disappear fr ur CDS after 17 Dec.

Noned

231 posts

Posted by Noned > 2020-12-08 13:36 | Report Abuse

@fariz49
Pls do something wt ur 6000 OR.
Consult wt ur remiser..

Noned

231 posts

Posted by Noned > 2020-12-08 13:39 | Report Abuse

@fariz49
Pls consult wt ur remiser today..!!

mewmew

24 posts

Posted by mewmew > 2020-12-08 13:40 | Report Abuse

@noned. tot tomorrow is already last day. not 17 december

Noned

231 posts

Posted by Noned > 2020-12-08 13:54 | Report Abuse

@mewmew.
Thanks f alert..
Tomorrow 5pm is last day to trade OR.
17 Dec 5pm is last day to submit form n bank draft..
Maybe I overlooked..

Pls confirm wt ur remiser.

Wilt66

12 posts

Posted by Wilt66 > 2020-12-08 14:29 | Report Abuse

hi. May I know what to do with OR? I bought in this morning. When will it expire?

Noned

231 posts

Posted by Noned > 2020-12-08 14:36 | Report Abuse

@Wilt66
2 choice.
1.Sell it.. Before 5 pm tomorrow..
2.subscribe it at 10 sen before 17 Dec 5pm
(mewmew says tomorrow..)
Pls consult wt ur remiser..

Posted by spielmacher > 2020-12-08 14:44 | Report Abuse

RIGHTS ISSUE

To subscribe, please log-in to your account at http://www.rakutentrade.my > "Corporation Action Subscription" > "My Account". Please note payment must reach by 2020-12-09 10:00:00 otherwise, the subscription shall be deemed unsubscribe.

*****
According to rakuten, i need to decide on subscription by 9/12 at 10 am. SO, why 17.12?

Posted by spielmacher > 2020-12-08 14:48 | Report Abuse

lets say i subscribe the RI, when could i get it converted to mother share at 10 sen? Is it directly tomorrow?

Posted by spielmacher > 2020-12-08 14:54 | Report Abuse

yeahhh..goreng timeee
lets buy all cheap OR

Evara75

168 posts

Posted by Evara75 > 2020-12-08 14:57 | Report Abuse

Buy..buy

Evara75

168 posts

Posted by Evara75 > 2020-12-08 15:03 | Report Abuse

Now gocean price 12.5cent upup ..

Noned

231 posts

Posted by Noned > 2020-12-08 15:21 | Report Abuse

@spielmacher.

Important Relevant Dates for Renounceable Rights
GREEN OCEAN CORPORATION BERHAD

Entitlement subject Important Relevant Dates for Renounceable Rights
Description 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
Despatch Date 04 Dec 2020
Date for commencement of trading of rights 03 Dec 2020
Date for cessation of trading of rights 10 Dec 2020
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 24 Dec 2020
Last date and time for :
Sale of provisional allotment of rights 09 Dec 2020 05:00 PM
Transfer of provisional allotment of rights 11 Dec 2020 04:30 PM
Acceptance and Payment 17 Dec 2020 05:00 PM
Excess share application and payment 17 Dec 2020 05:00 PM
Available/Listing Date 04 Jan 2021
Rights Securities will be listed and quoted as the existing securities of the same class Yes
Other important dates as the listed issuer may deem appropriate
Entitlement Details
Company Name GREEN OCEAN CORPORATION BERHAD
Entitlement Ordinary Shares
Ratio (New : Existing) 2.0000 : 1.0000
Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.1000
Fractional Entitlement
Registrar or Service Provider name, address, telephone no SHAREWORKS SDN BHD
No. 2-1, Jalan Sri Hartamas 8
Sri Hartamas
50480 Kuala Lumpur
Wilayah Persekutuan
Malaysia
Tel:0362011120
Fax:0362013121


Remarks :
The last date and time for acceptance, excess application and payment is 17 December 2020 at 5.00 p.m.

This announcement is dated 18 November 2020.

Announcement Info
Company Name GREEN OCEAN CORPORATION BERHAD
Stock Name GOCEAN
Date Announced 18 Nov 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-18112020-00008
Corporate Action ID MY201118EXRI0001

Posted by spielmacher > 2020-12-08 15:26 | Report Abuse

@noned; thanks. you are right. i think tomorrow at 10 am is just for rakuten user like me.

Posted by zarifahmad > 2020-12-08 15:27 | Report Abuse

while it’s up 12.5cent should i sell all mum and subcribe the new share @RM0.10 ?

Noned

231 posts

Posted by Noned > 2020-12-08 15:53 | Report Abuse

@zarifahmad.
It good.. Since t subcribe is 10 sen..n u will get free warrants..

fariz49

6 posts

Posted by fariz49 > 2020-12-08 16:36 | Report Abuse

@Noned, if i dont sell the OR, it will simply disappear just like that after 17 december and i get nothing in return?

Noned

231 posts

Posted by Noned > 2020-12-08 16:43 | Report Abuse

@fariz49.
Yes...
OR will be forfeited after 17Dec.
Either u subscribe at 10sen or u sell.

Noned

231 posts

Posted by Noned > 2020-12-08 16:50 | Report Abuse

@ fariz49.
U have 4 option now.

1. Sell all OR.
2. Sell part of OR n subscribe other part.
3. Sell part of OR to finance t remaining OR
4. Sell mom share to finance subscription OR.

Pls decide latest by tomorrow 5 pm..

Noned

231 posts

Posted by Noned > 2020-12-08 17:03 | Report Abuse

@fariz49
Sori just now bz...HLT limit up..
What's ur decisions... Mind sharing..?
Tq

fariz49

6 posts

Posted by fariz49 > 2020-12-08 17:09 | Report Abuse

@Noned
Honestly no idea lol. Im a noob. Just started trading this year. What should i do if i want to buy the RI and get the free warrant? Currently i have 3000 GOCEAN, and 6000 GOCEAN-OR

Noned

231 posts

Posted by Noned > 2020-12-08 17:31 | Report Abuse

@fariz49.
OK..learn together..
HLT is one of t benchmarker for gloves stock.

A form either courier to ur CDS address or request it from ur remiser.
Follow t instruction n fill t form.
Buy bank draft t amt u want to subscribe.
Send by hand or post..make sure they able to received by 17 Dec..

Consult ur remiser if t have it online..

Instead...can also consider t 4 options just now.

huatkopi88

1,985 posts

Posted by huatkopi88 > 2020-12-08 18:14 | Report Abuse

You can download form from Bursa website or Shareworks website who is the registrar handling the RI. Nowadays take too long for the mail to arrive by post

Noned

231 posts

Posted by Noned > 2020-12-08 19:13 | Report Abuse

@huatkopi88
shareworks.com.my
Thanks...

Posted by questnetter > 2020-12-08 21:52 | Report Abuse

I subscribed via Rakuten already. In my opinion, is better to subscribe than selling the OR/let it forfeitted. Have higher chance to reduce loss once converted to mother share and the warrants are free. Can sell the warrants also. Lesser risk than to cut loss now.

fariz49

6 posts

Posted by fariz49 > 2020-12-09 09:21 | Report Abuse

@Noned
if i dont sell the OR by today, i can still buy the RI until 17 december with the OR i have, right?

Posted by spielmacher > 2020-12-09 10:48 | Report Abuse

i have subscribed to RI via Rakuten. Now let's see what happen..
the Ri will be converted to mom share on 4th January, right? And free warrants also will be given on 4th January?

EngCCCC

257 posts

Posted by EngCCCC > 2020-12-09 10:56 | Report Abuse

@ spielmacher, I subcribed too. Wait 4/1/21 to receive. From my calculation nearly 60% (those no sell OR) until yesterday will convert.

EngCCCC

257 posts

Posted by EngCCCC > 2020-12-09 10:57 | Report Abuse

@ fariz, you need to inform by today intention to subcribe. Pay later.

Noned

231 posts

Posted by Noned > 2020-12-09 10:58 | Report Abuse

@fariz49.
Sori delay...
Yes.
Subscribe at 10 sen.
Just make sure u have enough RM.

justinyeoh

178 posts

Posted by justinyeoh > 2020-12-09 15:03 | Report Abuse

Reminder sell all your OR by Today 5PM

Posted by samsungtrader > 2020-12-09 15:51 | Report Abuse

Subcribed.......... let hold this counter for long....

CPO/Coal sales increasing..

Next year Start produce Gloves..

Maybe CPKO Export will be commenced back later..

Hopefully this coming quarter will gives some profit to the company..

Posted by awank3labu > 2020-12-09 16:00 | Report Abuse

Regardless whether I hold or sell my mother share n OR today, I would still get the WB right?

Posted by awank3labu > 2020-12-09 16:02 | Report Abuse

or is it only when I convert the OR to mother share that I will get the WB? sorry onfuse already

Posted by samsungtrader > 2020-12-09 16:27 | Report Abuse

u sell - u got cash money

u hold till and not subcribe - Hangus - Total Loss

U subcribe - OR converted to mothershare and Free warrant by 4th january

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