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 subscribed for at 5.00 p.m. on 26 May 2014 at an issue price of RM0.10 per Rights Share ("Rights Issue with Warrants") .
Kindly be advised of the following :
1) The Rights commence of trading : [ 27 May 2014 ]
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : [ 28 May 2014 ]
3) The last day and time for Acceptance, Renunciation and Payment : [ 10 June 2014 @ 5:00pm ]
Helena, "......every two (2) Rights Shares subscribed for at 5.00 p.m. on 26 May 2014 at an issue price of RM0.10 per Rights Share ("Rights Issue with Warrants") . "
warrant c for rights shares subscribed at 5pm 26th may? what does that mean?
it just telling you that.. you will get 1 warrantc for every 2 Rights Shares subscribed after 5pm 26 May...( means on 27th only you can start subscribe to the OR ).. but 28th May only EAH office will send out the Letter of Offer... its just a deadline only
If you buy EAH just because they are offering right issue, you have to think twice, EAH is a potential star in the future in providing one stop ICT business solution in both infrastructure and software solutions. You should be buying because it has the potential to be next growing-like-nobody-business counter like presbhd. Buy, hold, forget about it and continue with your life. Check the news sometimes for updates of the counter. have faith in your choice.
As Spear mentioned, buy and keep it for months, and meanwhile enjoy your day-to-day life. Don't look at the price everday but keep awareness of latest news daily. Life must not be burdened by daily fluctuations of prices due to irrational market activities and macroeconomic factors.
I wish all EAH holders best of luck and continue your holdings. I have given a recommendation of this Company at the start and continue to believe in its potentials. I'm generally a growth investor and seeking growth stocks.
EAH OR mean right issue share right. now is around 0.45 if i buy now 200 lot can i get 100 lot free warrant C ? then need to paid more 10 sen forthe right issue right? anyone know pls advise.. tq
if i buy the OR at 0.045 for 20,000 unit, how much i need to pay when the form is arrived? RM900 or RM2000 as the subcription price for right issue is RM0.10. Please help. Thank you
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....
wee888
303 posts
Posted by wee888 > 2014-05-25 23:50 | Report Abuse
i think it will still go south as World Cup is looming!!!