Important Relevant Dates for Renounceable Rights TFP SOLUTIONS BERHAD
Entitlement subject Important Relevant Dates for Renounceable Rights Description RENOUNCEABLE RIGHTS ISSUE OF UP TO 268,754,045 ORDINARY SHARES IN TFP ("TFP SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.03 PER RIGHTS SHARE, TOGETHER WITH UP TO 268,754,045 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 RIGHTS SHARE AND 1 WARRANT FOR EVERY 1 EXISTING TFP SHARE HELD AS AT 5.00 P.M. ON 28 AUGUST 2020 ("ENTITLEMENT DATE") ("RIGHTS ISSUE") Despatch Date 02 Sep 2020 Date for commencement of trading of rights 01 Sep 2020 Date for cessation of trading of rights 08 Sep 2020 Date for announcement of final subscription result and basis of allotment of excess Rights Securities 22 Sep 2020 Last date and time for : Sale of provisional allotment of rights 07 Sep 2020 05:00 PM Transfer of provisional allotment of rights 09 Sep 2020 04:30 PM Acceptance and Payment 15 Sep 2020 05:00 PM Excess share application and payment 15 Sep 2020 05:00 PM Available/Listing Date 30 Sep 2020
Entitlement subject Rights Issue Type Renounceable Entitlement description RENOUNCEABLE RIGHTS ISSUE OF UP TO 268,754,045 ORDINARY SHARES IN TFP ("TFP SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.03 PER RIGHTS SHARE, TOGETHER WITH UP TO 268,754,045 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 RIGHTS SHARE AND 1 WARRANT FOR EVERY 1 EXISTING TFP SHARE HELD AS AT 5.00 P.M. ON 28 AUGUST 2020 ("ENTITLEMENT DATE") ("RIGHTS ISSUE") Ex-Date 27 Aug 2020 Entitlement date 28 Aug 2020 Entitlement time 5:00 PM Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 28 Aug 2020
When you sell your OR, you no longer have the entitlement to the rights issue and the free warrent. The mother share price will be adjusted after the ex-date
@australianpharmacist The rights issue ex-date is 27th Aug. If the price is 25 on 26th Aug, then on 27th Aug the reference price will be (25+3)/2= 14. Warrent is free so is considered zero value
Oh, so on 27th I will have 1 share (14sen) + 1 OR + 1 free warrant ? what is the value of the OR ? the share - the exercise price ? I will need to pay 3 sen to make the OR into a share right ?
Pharmaniaga & Duopharma perhaps need to queue & beg to sign up for European & American Vaccine loh...!!
Casino only supply for 2 million dose pa to Malaysia this is clearly not sufficient, the Msian govt need to seach for another 20m dose of covid19 vaccine loh....!!
The possiblity of Pharmaniaga & Dpharma getting the future deal are still question mark for all to think loh...!!
Other companies like Kotra, Ahealth, Yspsah, Nova Wellness, Bioalpha and Hovid will still stand an equal chance of securing new covid19 vaccine deal on merits loh....!!
I know Kotra's management and have friends working in Dpharma factory... from my knowledge, your statement got multiple problems, clearly trying to make people sell PHARMA and Duo to goreng your other stocks
the lodgement date is 28/8 at 5pm. So you have to keep until end of tomorrow to be entitled for the RI. You can only sell on Tue since Mon is public holiday.
RENOUNCEABLE RIGHTS ISSUE OF UP TO 268,754,045 ORDINARY SHARES IN TFP AT AN ISSUE PRICE OF RM0.03 PER RIGHTS SHARE,TOGETHER WITH UP TO 268,754,045 FREE DETACHABLE WARRANTS ON THEBASIS OF 1 RIGHTS SHARE AND 1 WARRANT FOR EVERY 1 EXISTING TFP SHARE HELD AS AT5.00 P.M. ON 28 AUGUST 2020
Entitlement Type: Rights Issue Entitlement Date and Time: 28/08/2020 05:00 PM Year Ending/Period Ending/Ended Date: EX Date: 27/08/2020 To SCANS Date: Payment Date: Interest Payment Period: Rights Issue Price: 0.030
interesting counter.. someone took over the private placement at 30sen which is weird . why do that when u can buy for 21 sen on the market.. price gonna push up above 30sen?
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....
kyosan
786 posts
Posted by kyosan > 2020-07-09 14:04 | Report Abuse
sapu below 10sen... then hold lorr ..campus sudah buka.. just waiting money rolling masuk, macam biasa..bila dah 30sen...baru ramai2 masuk nanti. =)