NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES TECHFAST HOLDINGS BERHAD ("THB" OR "THE COMPANY") PROPOSED BONUS ISSUE OF UP TO 57,037,266 NEW ORDINARY SHARES IN THB ("PROPOSED BONUS ISSUE)
TECHFAST HOLDINGS BERHAD
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES Description TECHFAST HOLDINGS BERHAD ("THB" OR "THE COMPANY")
PROPOSED BONUS ISSUE OF UP TO 57,037,266 NEW ORDINARY SHARES IN THB ("PROPOSED BONUS ISSUE) This announcement is dated 28 August 2017.
On behalf of the Board of Directors of THB, AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that the Company has appointed AmInvestment Bank as the Adviser for the Proposed Bonus Issue. Please see announcement dated 22 August 2017 for further details on the Proposed Bonus Issue.
Interim Single Tier Dividend of 0.5 sen per share in respect of the financial year ending 31 December 2017.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 8 Sep 2017 2) The last date of lodgment : 12 Sep 2017 3) Date Payable : 27 Sep 2017
PTRANS announce bonus share ex date(12/9/17) on 29/8/17..that day PTRANS price drop, start from 30/8/17 PTRANS price start moving up until 1 day before the ex date of bonus share
Bonus Issue of up to 57,037,266 ordinary shares in Techfast Holdings Berhad ("THB") ("THB Shares") on the basis of one (1) bonus share for every three (3) existing shares held in THB ("Proposed Bonus Issue")
Amount 1 : 3 Ex Date 19-Oct-2017 Entitlement Date 23-Oct-2017
tomorrow market closed, on Thursday price will be adjusted because of Bonus issues ex-date..if you not planning to hold it for long term or at least mid term, better sell it today
You need to fully understand the terms that are used in order to 'play' the dividend game.
In-dividend date (better known as cum dividend)
Indicated by a "C" beside the name of the listed counter : 
The last day of trading to receive the dividend. It is one trading day before the ex-dividend date, where the stock is said to be "cum dividend" (in other words, the stock that you hold comes with the dividend). Existing shareholders and anyone who buy and hold the stock on this day (i.e. until the end of that particular trading day e.g. 5:00pm) will receive the dividend. Even if you bought the shares at 4:59pm on the last in-dividend date, you are still entitled as you held the shares until the ex-date. After this date, the stock becomes ex-dividend
Ex-dividend date (better known as ex-date)
Indicated by an "X" beside the name of the listed counter :
The date after the dividend is allocated (note the word "allocated" as the dividend is not actually paid to shareholders yet) Shares bought on this day onwards will no longer come with the dividend However, shares that you held up to this day can be sold and you will still receive the dividend (as you held the shares past the in-dividend date)
The following illustration will give a better picture:
Stock prices on ex-date
The stock price usually decrease on the ex-dividend date by an amount roughly equal to the dividend paid. This reflects the decrease in the company's assets resulting from the declaration of the dividend. --- For example, when a dividend of $1,000,000 is declared (e.g. 6 sen per share), distributed and paid, the corporation’s cash is reduced by $1,000,000 and its retained earnings (part of stockholders’ equity) is reduced by $1,000,000. Due to the reduction in the corporation's cash/equity, it's stock price is also reduced accordingly (as the company's stock price is a reflection of it's assets (which including it's cash). If the stock price was RM 1.50, it would be RM 1.44 (RM 1.50 - 0.06) after the dividend is allocated.
Dividend : 6 sens Ex-date : 20/5/2009 In-dividend date share price (19/5/2009): RM 1.50 Ex-dividend date share price (20/5/2009): RM 1.50 - 0.06 = RM 1.44
Payment date
The day when the dividend cheques will actually be mailed to the shareholders of a company or credited to brokerage accounts
Let's stop and review what we have learned. Let's take a look at UCHITEC's announcement as below:
Entitlement Date and time : 30/6/2009 5:00pm Year Ending/Period Ending/Ended date : 31/12/2008 Ex-date : 26/06/2009 Payment date : 17/07/2009
From this announcement, you'll understand that you can get the dividend by just buying the stock before 5pm on 25/6/2009 and hold it until the next. day. Once the stock goes ex-date, i.e. 26/6/2009, you can sell the stock and still get the dividend.
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....
SKTRADER
565 posts
Posted by SKTRADER > 2017-09-07 09:19 | Report Abuse
bo NH ...