@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..
@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..
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?
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
@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
@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..
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
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.
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?
u hold till and not subcribe - Hangus - Total Loss
U subcribe - OR converted to mothershare and Free warrant by 4th january
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
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 3236 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!
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....
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?