any one can explain this news plzzz.... bcoz newbiessss dont understands
TRIVE - Notice of Book Closure ILC-10122020-00004 CONSOLIDATION OF EVERY 25 EXISTING ORDINARY SHARES IN TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") ("TRIVE SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 23 DECEMBER 2020 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION") Kindly be advised of the following : 1) The above Company's securities will be traded and quoted "Ex - Consolidation? as from: 22 Dec 2020 2) The last date of lodgment : 23 Dec 2020 Remarks 1: Participating Organisations are to take note of the following Share Consolidation exercise by TRIVE PROPERTY GROUP BERHAD. The Share Consolidation comprises the following:- CONSOLIDATION OF EVERY 25 EXISTING ORDINARY SHARES IN TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") ("TRIVE SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 23 DECEMBER 2020 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION") . In relation to the Share Consolidation undertaken by TRIVE as a SPEEDS Corporate Exercise, Bursa Malaysia Securities Berhad would like to highlight that: (a) on or after the Ex-date on 22 December 2020, trading of TRIVE shares will be based on the newly adjusted shares after the Share Consolidation of TRIVE shares, (b) on the basis of settlement taking place after 23 December 2020 with consolidated TRIVE shares, any entitled shareholder who owns TRIVE shares as at Ex-date may sell only up to the maximum TRIVE shares he expects to receive after the Share Consolidation, i.e. the reduced amount, on or after the Ex-date 22 December 2020. With the adjustments pursuant to the Share Consolidation effected on TRIVE shareholders? CDS account at the end of the Entitlement Date (?Books Closure Date?), an entitled TRIVE shareholder may use the following basis to estimate the maximum number of TRIVE shares that he may sell from the Ex-date until the Book Closing Date which is from 22 December 2020 until 23 December 2020. Number of TRIVE shares that may be sold = Number of shares held / 25 from 22 December 2020 until 23 December 2020 (All fractional shares computed should be disregarded) Illustration: For example, if Mr X owns or purchases 1000 TRIVE shares on cum basis on 21 December 2020, his CDS account would still show 1000 TRIVE shares until 23 December. However, as a result of the above Share Consolidation exercise, Mr X?s 1000 TRIVE shares in his CDS account will be adjusted to 40 TRIVE shares on the night of 23 December 2020 which is the Book Closing Date. Therefore, Mr X may, if he so wishes, sells only up to 40 TRIVE shares on or after the Ex-date i.e. from 22 December 2020 onwards. Participating Organisations are hereby requested to caution all dealers and remisiers that, during the period from 22 December 2020 until 23 December 2020, they are only entitled to sell the maximum of 1/25 of the shares owned before the Ex-date. Participants Organisations are reminded that it is important to caution all dealers and remisiers on the above to prevent the dealers and remisiers from overselling of their client?s position. Remarks 2: The Share Consolidation involves the consolidation of every 25 existing Shares into 1 Consolidated Share as at 5.00 p.m. on 23 December 2020, being the entitlement date for the Share Consolidation. The actual number of Consolidated Shares to be issued would depend on the issued share capital of the Company on the entitlement date for the Share Consolidation. Fractional entitlements arising from the Share Consolidation, if any, shall be disregarded and dealt with by the Board of Directors of the Company at its absolute discretion in such manner as it may deem fit or expedient and in the best interest of the Company. The Consolidated Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 24 December 2020, being the next market day following the entitlement date for the Share Consolidation. The notices of allotment of the Consolidated Shares will be issued and despatched to the entitled shareholders within 4 market days after the date of listing and quotation of the Consolidated Shares on the Main Market of Bursa Securities. MANAGER, REF. DATA MANAGEMENT You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
xi_ali if you don't support the plan and Trive stock. Could you please stay away from this Trive comment blog and go to other counter that you think is worth for you to invest.
I have a lot of Trive stocks and I have a lot of cash money. I am happy to own the stock. I like to trap and possess the stock. This is my right. You don't buy the stock and have no money to buy stock. Please shut your mouth. xi_ali.
so sad ! shares are going to get consolidated ... for 25 existing shares, we will get only one 1 share on 23rd Dec, according to the letter sent by Trive .. For example; for 1 lot of 1000 shares, our account will be credited with 40 shares on 23rd December..
The most important is push up the price before and after consolidation. Estimate the price can go up 0.025 before consolidation and 0.8 after consolidation.
we actually bought at a high price many years ago and expect the share price to go up... for 100 lots we will get only 4 lots and even if it goes to 80 sen a share we will get only RM 3200 back, thinking of the initial investment and the number of years wasted here, is mere waste of effort and hope, Bro!
if you assume this way, I can't change your speculating mind Bro! I have lost a quite substantial amount in this stock...but have the hope to reap the profit somewhere else...
if this stock were bought at 2 sen per share, why on earth some one has waited for the stock to go up to the price they bought for ten years after going through all kinds of activities that never pushed up the price .. I write this to educate the young investors to be cautious when they invest ...please be rational ! when the stock market is crowded with people, please run away and come back when it is quiet..
Rileks bro,23th harga sudah adjust nnt mostly akan dump first...then akan buyback,so candle hammer,best woooo ....untong ke untong?kalo x reti dump n pump just stay,u harga adjust dpt,then or pun dpt...best ke best? I sudah collect 1mil lot at 0.01
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....
13thDimension
74 posts
Posted by 13thDimension > 2020-12-11 13:23 | Report Abuse
https://klse.i3investor.com/servlets/cube/post/xi_ali.jsp <-- This person spreading hates everyday while holding nothing. Becareful
这家伙是骗子。整天散播恶言。