Renounceable rights issue of up to 608,806,200 new ordinary shares of RM0.10 each in NCB (“Rights Shares”) together with up to 304,403,100 free detachable warrants (“Warrants”) at an issue price of RM0.10 per Rights Share on the basis of two (2) Rights Shares together with one (1) free Warrant for every four (4) existing NCB shares held at 5.00 p.m. on 20 December 2013, based on a minimum subscription level of 120,000,000 Rights Shares together with 60,000,000 free Warrants (“Rights Issue”)
TuaHuat, the rights share subscription form will be despatched to you on 24 Dec 2013 and expiry date of subscription and payment is 8 Jan. 2014 at 5.00pm.
If u r using nominee account, pls call your branch, inform them, u wanna buy the right. A good service bank,would call u asking whether to buy the right, instead of u calling the bank
My advice to Erica, If you are in this rotten ship, you should think how to get out fast before whole ship sink into sea! Your only way out not to loose all your money is ...... First thing early in the morning of 23/12/13 you quickly sell off all 15000 mother and 7500 OR shares remember give all to buyers,if you lucky still can sell 9 sen if not 8.5 sen also must throw!! Hopefully the OR can throw 3 sen ! If you miss this date I am worry you might kena trap for life this share which will trade 7 to 9 sen
Erica, you are entitled to subscribe 7500 units of NCB share at 10 cents and will obtain 3750 units of free NCB warrant if you have subscribed it sucessfully. May I know what's your buying price of 15000 NCB shares?
Harrvard 57, don't be so negative thinking on this counter. At least this company's earning prospect is still profitable unlike other ACE counters such as AT, TDEX, Mexter, DSCSOL, Cybert, etc. making negative earning. May be one day its share price will shoot up to TuaHuat's TP, RM 1.00...
Posted by erica > Dec 7, 2013 03:18 PM | Report Abuse
boaz, my average price is at 0.11....
see, when you say in this rotten ship i know you sure loose money punya bcos nobody will make money on this share !!! this share alway right issue and private placement and keep dumping out into market !!! Now the shares already 2 billion plus !!! after right issue will be 3 billion p[lus !!!!!! They will dump every thing out as far as 9 sen above !!! because they will dump out free warrant at 3 sen also, so actually they still make 2 sen !!! mr erica ,trust me,if you dont want to be kena trap again just do as what i said !!!! dont listen to ppl who say it will go up, this share has gone, it will hovering around 7 to 9 sen for next 1-2 years, its better quickly jump out from all penny ace counters because very soon all will be trading 5- 8 sen !!! (because bursa never control ace counter therefore every counter also issue private/right share n free warrant and distribute into market !!!)
Mr. Harvard 57, I did make profit about 10K on this counter due to bought it at low price, 8.5 - 9.5 cents and sold it at 10 - 10.5 cents. How come you say nobody make money on this counter?
Vinvin, NCB plan to diversify their business to property sector that is SOHO & Data Centre project in Cyberjaya so raise fund via rights issue instead of bank loan.
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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....
manmin
1,175 posts
Posted by manmin > 2013-12-05 01:35 | Report Abuse
SEE THE VOLUME SO MOVING RM1 .......BE PRActical