Posted by alamak123 > 2017-04-17 23:11 | Report Abuse

Phifia Allan you are right,no buyer is the company objective,slogan is every day low price.good for long term investment,the company will pay you 10 % dividend when the share price touch 20 cents.then every one will praise this is a cash rich and good management company.high return,low PE.

Posted by Phifia Allan > 2017-04-17 23:24 | Report Abuse

huhuhu

Posted by Phifia Allan > 2017-04-17 23:27 | Report Abuse

mati lurus

Posted by Apollo Ang > 2017-04-17 23:29 | Report Abuse

mana mati L&G-or belum 0.05cts

Posted by nikicheong > 2017-04-17 23:33 | Report Abuse

Now it appears that there are L&G-OR on the market. I suspect these are related to the rights issue. What does OR stand for here?

What is the mechanics of the process in Bursa Malaysia? If I buy these L&G-OR shares, how can I buy the full shares? I really can't seem to find any info about this and would appreciate any and all assistance.

Also, I assume buying the L&G-OR is like buying any other stocks (in terms of brokerage fees etc?). What about exercising those rights...includes any brokerage fees?

PS: Who got OR shares? What criteria? Every single owner got it, or how?

Posted by marll > 2017-04-18 00:07 | Report Abuse

1. Yes, OR =right offering.
2. Mostly rights issue only trading for a weeks
3. Allocate to existing shareholder (subject to ex date) based on ration 5:8.
4. Similar to other share trading on bursa just the life spend shorten. trading charges apply the same as well
5. I'll no encourage speculation on OR.
5. Depend on your CDS and Broker. Direct holder just issue banker cheque to Company for your subscription (each unit @0.21 if no mistaken). Pls contact your remiser for further info

PS: Why dont you googling? It should able answer all your questions

Posted by nikicheong > 2017-04-18 00:30 | Report Abuse

marll, I googled but didn't find the mechanics of rights issues in Malaysian stock market explained (US market got, but I don't think they are the same).

Anyway, if somebody had 1000 L&G shares, will that person have got 1600 L&G-OR shares? Is that correct? Would this have come into effect automatically at the end of Apr 14/beginning of Apr 17? Or did the share owners have to do something?

Is it possible to pay for rights issue via online transfer or something? I don't intend to speculate on the OR, if I can get it at RM0.015/0.020 I will be happy. I think there is an arbitrage possibility here cause the stock seems to be mispriced for the short term due to the mindless selling.

Posted by spider68 > 2017-04-18 18:28 | Report Abuse

Special Dividend RM 0.02 per share ex date 22-05-2017.

Posted by megacity > 2017-04-18 18:28 | Report Abuse

tomorrow fly high? special dividend of 2sen declared

Posted by 吹又起 > 2017-04-18 19:01 | Report Abuse

Fly or dead ?
Tomorrow will known.

Posted by tanhy123 > 2017-04-18 19:27 | Report Abuse

Which means that big shark swallowed enough OR, show time

Posted by nikicheong > 2017-04-18 20:01 | Report Abuse

Guys, can a person with no shares of L&G currently buy L&G-OR and subscribe to the rights?

Posted by smartly > 2017-04-18 20:02 | Report Abuse

show time ?
sure boh ?

Posted by 吹又起 > 2017-04-18 20:34 | Report Abuse

nikicheong Guys, can a person with no shares of L&G currently buy L&G-OR and subscribe to the rights?
18/04/2017 20:01
___________________
Yes

Posted by 吹又起 > 2017-04-18 20:35 | Report Abuse

0.05 cents is on the ways

Posted by limch > 2017-04-18 20:41 | Report Abuse

2 sen special dividend if L&G jump to 30 sen DY 6.67%?

Posted by nikicheong > 2017-04-18 21:09 | Report Abuse

Guys, is there a process overview explaining how to apply for the rights issue? Let's say I buy the L&G-OR...then, what must I do?

Posted by xcu843 > 2017-04-18 22:00 | Report Abuse

Those buy right issue also qualify for 2 cents dividen

Posted by xcu843 > 2017-04-18 22:01 | Report Abuse

Tomorrow it will up a bit

Posted by prudentinvestor > 2017-04-18 22:01 | Report Abuse

Just wait for the company to send the relevant application forms to you. If you are still in doubt, immediately contact your remisier.

Posted by Apollo Ang > 2017-04-18 22:02 | Report Abuse

buy rights issue where got entitle 2 cts.....later quoted L&G-A mati lo

Posted by xcu843 > 2017-04-18 22:06 | Report Abuse

Those throw all the share will cry tomorrow..Ha..Ha..ha

Posted by xcu843 > 2017-04-18 22:07 | Report Abuse

Good luck eveyone

Posted by smartly > 2017-04-18 22:13 | Report Abuse

xcu843 vs Apollo Ang

2sen div yes or no ?

Posted by xcu843 > 2017-04-18 22:15 | Report Abuse

Yes entitle

Posted by xcu843 > 2017-04-18 22:16 | Report Abuse

Ex date is 22 may

Posted by limch > 2017-04-18 22:17 | Report Abuse

Special Dividend

LAND & GENERAL BERHAD
EX-date 22 May 2017
Entitlement date 24 May 2017
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5399365

Listing Date of the Rights Securities 18 May 2017
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5385037

Posted by xcu843 > 2017-04-18 22:20 | Report Abuse

Listing right issue date on 17 may

Posted by xcu843 > 2017-04-18 22:21 | Report Abuse

Correction,18 may

Posted by nikicheong > 2017-04-18 22:24 | Report Abuse

Please help to answer my query!

Posted by limch > 2017-04-18 22:28 | Report Abuse

1) I use nominee acct. I ask my broker to do everything for me and I pay some fee.
2) Just wait for the company to send the relevant application forms to you.

Posted by nikicheong > Apr 18, 2017 10:24 PM | Report Abuse
Please help to answer my query!

Posted by prudentinvestor > Apr 18, 2017 10:01 PM | Report Abuse
Just wait for the company to send the relevant application forms to you. If you are still in doubt, immediately contact your remisier.

Posted by tah16600 > 2017-04-18 22:34 | Report Abuse

Prudentinvestor aldy answer your query i.e
Just wait for the company to send the relevant application forms to you. If you are still in doubt, immediately contact your remisier.

Posted by xcu843 > 2017-04-18 22:42 | Report Abuse

I open Maybank account. They just call up to ask want to accept or not. If yes, your Maybank account must have enough amount to buy. We just pay maybank some fee. Very easy.

Posted by marll > 2017-04-18 23:02 | Report Abuse

Niki, instead you keep questioning on here. why dont you contact your remiser regard all your doubts above.

Yes, If you' brokerage provided e-Rights services, then you can subscribe through online payment from their platform. eg:PBB, AFFIN etc

Lastly, please read through properly and study all the announcement made by the company. It will helpful for you.

Posted by alamak123 > 2017-04-18 23:15 | Report Abuse

one day show,but better than nothing happen.71%股权吓跑29%小户，所谓忠臣不怕死，怕死不忠臣，希望守得云开见月明，告别天天低价，明天涨2分，让一些死士止血养伤后再为公司卖命。

Posted by Phifia Allan > 2017-04-18 23:24 | Report Abuse

imch 1) I use nominee acct. I ask my broker to do everything for me and I pay some fee.
2) Just wait for the company to send the relevant application forms to you.

Posted by nikicheong > Apr 18, 2017 10:24 PM | Report Abuse
Please help to answer my query!

Posted by prudentinvestor > Apr 18, 2017 10:01 PM | Report Abuse
Just wait for the company to send the relevant application forms to you. If you are still in doubt, immediately contact your remisier.
18/04/2017 22:28
---------------------------------------------------------
download forms from www.bursamalaysia

Posted by Phifia Allan > 2017-04-18 23:26 | Report Abuse

alamak123 one day show,but better than nothing happen.71%股权吓跑29%小户，所谓忠臣不怕死，怕死不忠臣，希望守得云开见月明，告别天天低价，明天涨2分，让一些死士止血养伤后再为公司卖命。
18/04/2017 23:15
--------------------------------------------------------------------------------------------------------

all the best

Posted by nikicheong > 2017-04-18 23:27 | Report Abuse

Firstly I have direct CDS. Broker will only help for nominee CDS. Secondly they won't send me any forms since I am NOT a shareholder at present.

Posted by nikicheong > 2017-04-18 23:28 | Report Abuse

Also, if I use PBE e-rights, can I bypass all the filling in of forms/mail-in etc? Or cannot?

Posted by celinek > 2017-04-18 23:33 | Report Abuse

after the entitlement date, is the share price going to drop normally ? :P

Posted by ivan95111 > 2017-04-19 03:27 | Report Abuse

Now already drop(mother, OR) why talk 1 month ahead story?

celinek after the entitlement date, is the share price going to drop normally ? :P
18/04/2017 23:33

Posted by Eric Fong > 2017-04-19 03:34 | Report Abuse

Sell the OR first.
Get the money and if you want to buy, you can buy it after the right issue.
Maybe u can get cheaper.

Posted by ivan95111 > 2017-04-19 03:43 | Report Abuse

Only to those not enough money.

Posted by ivan95111 > 2017-04-19 03:52 | Report Abuse

First time buy L&G through OR. It seem it like to issue RI follow by giving dividend. Follow IOI Property style?

Posted by adf3103 > 2017-04-19 06:43 | Report Abuse

If you have a remisier, ask them to forward the OR subscribtion form to you to fill up. Make full use on your remisier.

Posted by adf3103 > 2017-04-19 06:43 | Report Abuse

or download this

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5398309

Posted by jaynetan > 2017-04-19 06:59 | Report Abuse

look like many market players lack of knowledge of rights, cds , ex rights and so on . there are terms n knowledge that need to acquire , better tru experience remisiers.

Posted by ttgipoh > 2017-04-19 07:05 | Report Abuse

u do online trading cheap comms ,remisier wont do for u

Posted by InvestWin > 2017-04-19 07:21 | Report Abuse

2sen dividend ex-date 22-5-2017 is great. U buy 10000 shares today,and pay RM2350 on 25-4-2017(T+3)and get RM200 in about a month, much better than bank interest rate. Will calculate later in terms of per annum interest rate return.

Posted by jaynetan > 2017-04-19 07:49 | Report Abuse

incorrect.
I did online 0.08 % , remisier ready to serve me anytime ,by phone or whatsapp. can ask him any question on stocks. prompt reply