thanks sbg3106 :-) ....so this mean that if i keep the share until after 22May..they will despatch the subscription form for you in order to subscribe for the right issue right?once i receive the form just reply them with payment......this mean from now until 22 May for those wish to subscribe for right issues just keep the share or accumulate more , prepare money wait for the subscription form......at first i though need to make the payment before 22 May 2014 in order to subscribe...thanks..
You also can choose to sell the rights option when it is traded from 27/5 to 2/6, if you do not want to pay more money to subcribe for new rights shares.
hi guys, how to sell the right issue? will the right issue be automatically be credited to my cds account? I'm using CIMB iTrade, will it be listed in my cimb itrade portfolio?
Anyone buying OR need to pay 10sen to subscribe for the rights shares and entitled to free warrant C (1 WC: 2 Rights subscribed). Ex-price shd be around 14.5sen. Maybe OR price around 4.5sen loh depending on market forces.
what if I wanted to redeem these right issue? I was told by my broker that I will need send cheque manually? is there any broker that have system that take care of these manual labor for us and still have acceptable broker fee?
What is eRights? http://www.bursamalaysia.com/market/products-services/central-depository-system-cds/erights/ Q9) How will I know if the listed issuer is offering eRights for a particular Rights Issue? You are to refer to the Abridged Prospectus that will be mailed to you by the listed issuer/share registrar to determine if the listed issuer is offering eRights as an alternative mode of applying / subscribing for the Rights Securities of a particular Rights Issue.
new announcement today, but i dun really understand about it..so can anyone help me explain this.. Following the Rights Issue with Warrants, the exercise price of the Warrants B will be adjusted in accordance with the provisions of the Deed Poll B. Any adjustments to the exercise price of the Warrants will be rounded up to the nearest one (1) sen, pursuant to the Deed Poll B.
In addition, up to 28,318,633 additional Warrants B consequential to the Rights Issue with Warrants ("Additional Warrants B") will be allotted and issued on the basis of 56 Additional Warrants B for every 187 existing Warrants B held by the entitled Warrant B holders of the Company, whose names appear in the Record of Depositors at 5.00 p.m. on the entitlement date. Any adjustments to the number of Additional Warrants B will be rounded downwards to the nearest whole Warrant.
The Additional Warrants B will be listed and quoted simultaneously with the Rights Shares and Warrants C on 24 June 2014. The notice to Warrant B holders setting out the details of the adjustments to the exercise price of the Warrants B and the notice of allotment of the Additional Warrants B will be despatched in due course.
The Warrant B holders who duly exercise their Warrants B to subscribe for the ordinary shares in EAH by 5.00 p.m. on the entitlement date, will be entitled to the Right Shares with Warrants
this is the annoucement about wa..but seriously like above i dun really understand about it..so can anyone explain it
Following the Rights Issue with Warrants, the exercise price of the Warrants A will be adjusted in accordance with the provisions of the Deed Poll A. Any adjustments to the exercise price of the Warrants will be rounded up to the nearest one (1) sen, pursuant to the Deed Poll A.
In addition, up to 34,842,661 additional Warrants A consequential to the Rights Issue with Warrants ("Additional Warrants A") will be allotted and issued on the basis of 56 Additional Warrants A for every 187 existing Warrants A held by the entitled Warrant A holders of the Company, whose names appear in the Record of Depositors at 5.00 p.m. on the entitlement date. Any adjustments to the number of Additional Warrants A will be rounded downwards to the nearest whole Warrant.
The Additional Warrants A will be listed and quoted simultaneously with the Rights Shares and Warrants C on 24 June 2014. The notice to Warrant A holders setting out the details of the adjustments to the exercise price of the Warrants A and the notice of allotment of the Additional Warrants A will be despatched in due course.
The Warrant A holders who duly exercise their Warrants A to subscribe for the ordinary shares in EAH by 5.00 p.m. on the entitlement date, will be entitled to the Right Shares with Warrants.
Renounceable rights issue of up to 635,910,916 Rights Shares on the basis of one (1) Rights Share for every one (1) existing EAH Share held, together with up to 317,955,458 free detachable Warrants C on the basis of one (1) free Warrant C for every two (2) Rights Shares
if you hold 100k units of EAH, you will be offer right issue (right to buy EAH shares) at discount price 10cents. You must hold before x date (22/5/2014). (You need to contact your remisier or your investment for the buying process). For 100k units of EAH shares your are entitle another 100k units of EAH at 10cents (1 to 1) and EAH will give your FREE warrants C at 50k (normally warrants start price at half to one cents- every 2 EAH shares you got 1 warrants so if hold 100k units, you are entitle for 50k free warrants)..hope that help..tq
Advise not to hold odds unit mother in order didnt alloted for odds unit of free warrants. For example 500lots entitled for 500lots right subscription and 250 lots free warrant
say if you hold 1,000 units before x date = you are entilte to 1,000 units @ discount price 0.10 If you buy 1,000 units, they offer 1 free wrtn C for every 2 rights shares subscribe. Thus: yr new holding will be: 1,000 units + 1,000 new shares + 500 wrnt C. Total - 2,000 EAH shares and 500 Warrant C.....correct me if I 'm not wrong.
I opine that for existing WA & WB holders for every 187 units holding; 56 units will be issued to the entitled holders.....assuming you hold WA or WB of 1,000 units divided by 187 units equal to 5.34. Therefore 56 units X 5.34 = 299 additional units will be credited to yr account..
Yes newcomer & candlewick, extra units are given free to holders of WA and WB and also the exer price will be adjusted downward. This is good, especially for WB holders as the current exer price of 18sen will be adjusted to lower price.
all those titbits is just to encourage more people take up the right. As currently most people will not willing to take the right issue due to World Cup and it can get cheaper price latter part. Why take up the right issue. have to paid upfront to buy.
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....
viviankyy
58 posts
Posted by viviankyy > 2014-05-11 11:09 | Report Abuse
thanks sbg3106 :-) ....so this mean that if i keep the share until after 22May..they will despatch the subscription form for you in order to subscribe for the right issue right?once i receive the form just reply them with payment......this mean from now until 22 May for those wish to subscribe for right issues just keep the share or accumulate more , prepare money wait for the subscription form......at first i though need to make the payment before 22 May 2014 in order to subscribe...thanks..