RENOUNCEABLE RIGHTS ISSUE OF UP TO 242,192,937 NEW ORDINARY SHARES IN FAST ENERGY HOLDINGS BERHAD ("FEHB" OR THE "COMPANY") ("FEHB SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT THE ISSUE PRICE OF RM0.09 PER RIGHTS SHARE, ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING FEHB SHARE HELD, TOGETHER WITH UP TO 121,096,468 FREE DETACHABLE WARRANTS IN FEHB ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR, AS AT 5.00 P.M. ON WEDNESDAY, 31 JANUARY 2024 ("RIGHTS ISSUE WITH WARRANTS")
Date for commencement of trading of rights 02 Feb 2024 Date for cessation of trading of rights 15 Feb 2024
Acceptance and Payment 22 Feb 2024 05:00 PM Excess share application and payment 22 Feb 2024 05:00 PM
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 29 Feb 2024
================== Take note tomorrow 22 Feb 2024 is last day for rights shares subscription if you are paying money to the directors fund raising activity
Wait for 29 Feb 2024 to see the subscription statistics......will it be oversubscribed or otherwise ?
On behalf of the Board, UOBKH wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue with Warrants as at 5.00 p.m. on Thursday, 22 February 2024, the total acceptances and excess applications for the Rights Issue with Warrants were 239,553,486 Rights Shares, which represents an over-subscription of 11.27% over the total number of 215,281,192 Rights Shares available for subscription under the Rights Issue with Warrants, the details of which are set out below:-
......................................................................No. of Rights Shares with Warrants....................%
So many other potential stock gamblers can play but still many gung ho here to bring in newbies so that old gamblers who stuck at above 10 sen can unload. Better wake up all instead stuck in dying company
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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....
skyhighinvestor
102 posts
Posted by skyhighinvestor > 2 months ago | Report Abuse
How to taopao??? steady trading around 9sen