RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,044,266,157 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN FOCUS ("ICPS") TOGETHER WITH UP TO 3,066,399,235 FREE DETACHABLE WARRANTS IN FOCUS ("WARRANTS D") ON THE BASIS OF 2 ICPS TOGETHER WITH 3 FREE WARRANTS D FOR EVERY 6 SPLIT SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE OF ICPS WITH WARRANTS")
Yes. I did. It is an interesting counter. Expect its mother share to sustain above 60 sen in order its PA to fetch an attractive price. Hopefully my calculation n expectations correct with better market sentiment.
you need to fill up the subscription forms together with a cashier's order for the number of shares you want to subscribe and revenue stamp RM10 and send to registrar to reach there on or before 19.11.20 5pm ask your remisier for details
PR closed at 4 sen, dropped so much even d mother shares sustained at 0.80. Showing ori PR holders were dumping it irrespective to its cost. Perhaps had make huge sum prior to d ex of the RI
The exercise px of PA is 10:1 or 1PA+RM0.495; exercise px of WD is 0.8 (5years), so roughly how much will the PA and WD on first day of trading if mother stays at 0.8 ?
Its mother share had been yoyo btwn 0.7-0.8. wud it b a normal sign for this ctr or it juz wish to fish investors. Anyone can share views on this movemns demonstrated?
Have played 3 rounds to understand the dynamics of this counter's movement. Share movement too erratic. But, when share capital issued and enlarged to 6.13 billion, i quit.
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AlfI3
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Posted by AlfI3 > 2020-10-22 05:59 | Report Abuse
Oso the RI was announced, hence wud b considered as a major Corp exercise for FOCUS