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 ]
4) The Rights cease quotation : [ 3 June 2014 ]
The Stock Short Name, Number and ISIN Code [ EAH-OR, 0154OR and MYQ0154OR006 ] respectively
just to confirm with you guys, if i subscribe to the rights..once i have made those payments, those rights would be converted into mother stock right? along with that i wud get free warrant-c?
I think the director also sell the right share.. you see today right share only around 4 sen...i going to sell mine also ... now mother only 12 and wc think should be around 2 to 3 .. so is useless.. if diectoe didn't do anything then habis liao...
Sold all my OR too .... Don't ask the directors to comment, they will not tell you 100%! If you read their propectus, only one director undertake to subscribe the rights, hey... what about the rest? They want to sell their rights too?
The OR now 0.045 + 0.10 = 0.145 more expensive than mother share at 0.125 I rather buy mother share from market, at least no need fill in the form and buy banker's cheque to subscribe.
My comments is, subcribe the right and wait another 2-3month baru comments~ now on right issue time,test how u look for eah this stock performance in future~ i cant say it can go to how high,but base by it fundamental, go back to 0.2 lvl is just a time only~
Strongly Believe EAH will grow and just hold it....go back to 0.20 not a big problem will hold this till end of the year and let see who laugh in the end ^^
Kelvin...holders of Wrnt A & B are not entitle for the Ordinary Rights and wrnt C. It is only meant for holders of mother share but for wrnt holders there will get 56 additional wrnts for every 187 wrnts A or B held..
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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....
sslim
258 posts
Posted by sslim > 2014-05-27 10:46 | Report Abuse
have any news for director??