I need clarification on MRCB-WA. I don't understand the 37:100 ratio. When will be the owner of MRCB-WA receive 37 for 100 WA held? What is was the ex-date?
ekhwan, already ex on 02/10, additional 37:100 shall list with rights on 03/11, read the announcement below :
1) The above Company's securities will be traded and quoted "Ex - Adjustment” as from: 2 Oct 2017 2) The last date of lodgment : 4 Oct 2017
Remarks: Following the Rights Issue, the exercise price of the Warrants A will be adjusted from RM2.30 to RM1.68 (indicative) each in accordance with the provisions of the Warrants A Deed Poll. The additional Warrants A consequential to the Rights Issue will be allotted and issued in accordance with the provisions of the Warrants A Deed Poll to the entitled Warrants A holders whose names appear in the Record of Depositor as at 5.00 p.m. on Wednesday, 4 October 2017. The entitlement ratio and adjusted exercise price illustrated above are indicative only and are subject to final adjustments. The final adjusted exercise price of Warrants A and the final number of additional Warrants A to be issued and allotted will depend on the number of outstanding Warrants A which have yet to be exercised as at the Entitlement Date. The additional Warrants A shall be listed and quoted simultaneously with the Rights Shares and Rights Warrants on 3 November 2017. The notice to Warrants A holders setting out the details of the Adjustments and the notice of allotment of the additional Warrants A will be despatched in due course. Holders of Warrants A who wish to be entitled to the Rights Issue should exercise their Warrants A by lodging their duly completed exercise forms together with the subscription monies with the share registrar on or before 5:00 p.m. on 26 September 2017 for their names to appear on the Record of Depositors at 5:00 p.m. on the Entitlement Date
Ai yo.... just sell away your mrcb-or. Get your money. Buy Mother shares . End of story. Ekkek ekkek. No need care what date do what write what form which date. Ekkekeek
Newbie calling to all sifu: situation rather confusing for me, need some advice. I hold only 2000 mrcb until 5/10 i sold at the same time 2000 free OR appear in my account. I sold the OR too on 6/10. That means I had no mrcb or its OR, but the fun part is that I still offered to buy the rights and I submited together with the payment. So the question: 1) do I really got the right issue at RM0.79 at the end? 2) do I entitled for the 'free rights warrants'? If I do get the 'free rights warrants', what can I do with it?
Once the rights join together with the mother shares the mother will drop again. Around 0.85. Unless they push Mother shares this week. So after the joining , the mother will maintain high.
MRCB is transforming to become the next Gamuda + Sp Setia in combine.... HUGE EXPLOSIVE POTENTIAL!!!! Watch out the potential Property + Construction + Infrastructure projects coming from the government!!!!
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....
smartly
6,430 posts
Posted by smartly > 2017-10-09 16:16 | Report Abuse
sailang....!?