tean2020, No need to worry, something like 9, 000 WB will be credited to your account towards the end of November. You don’t have to do anything. No need to ask for it. No need to pay anything. Ask your broker to double check, pls. omg klse investors !!!!!!
so i bought 100 lot last week, now it become 100lot mother plus 160lot or, then the or willl become back 160 mother plus warrant, total i will have 260 mother plus warrant after nov, do i understand it right?
GoHaiDuongGo: Hi bro, appreciate your reply. Prior to your previous message you mentioned I'll get 40,000 jaks shares, by that you mean the mother shares or warrants? I just want to confirm... even my remisier cannot answer me, oh god...
Wdlim123@@@ You were having 25,000 Jaks shares before 26 October., right? Pay 8800 ( 40 x220 ) to get 40,000 jaks share PLUS 20,000 new warrant WC. You will find 65, 000 jaks share and 40,000 jaks-WC in your account towards end of November. No doubt about it. Good Luck and Happy Investing.
yes yes were having 25,000 jaks shares before 26 October. Thanks a lot bro, really appreciate your help! Any ways to determine the market price of Jaks-wc? Or it will be determined later on?
hwo to exercise the right? i didnot receive any letter/form. im using hleb, dont have any individual remisier serving me, should i contact jaks ? or hleb ?
After 4/11, d OR b ceased trading. Once RI acceptance date close in 12/11, mother share prc likely dropped immersely as to b diluted by additional 1.6 times new mother shares & xtra WC flooding in d mkt frm d listing of RI. Dun miss out this factor
If you think Jaks will go up soon and you have cash and willing to take the risk, then you should exercise. Otherwise if you are not willing to put more cash to risk or don't have cash, you should sell the OR for cash now. You can always buy the mother Jaks any time any way.
slts u will loose all if u do that 29/10/2020 12:36 PM ------------------------------------------------------- slts u mean if i sell mother i will lose everthing including RI and warrants? sorry dont understand. newbie here.
Hi, I am still abut confuse with the Jaks Ro etc. i have 5 unit mother Jaks, & 8 Jaks-RO
correct me if wrong. I will need to pay 8* rm220 = rm1760 to subscript the RI on top of my existing 5 unit mother share amount. then i will get 13 unit Jaks + 4 warrant by the end of November. which mean I will be paying more to Jaks.
what if, currently i sell Jaks-RO straight before i pay rm1760, then my mothershare value basically drop from 5 unit mother to 2.5unit mother share value. is it?
Dear all, Entitlement subject Important Relevant Dates for Renounceable Rights Description RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,292,073,304 NEW ORDINARY SHARES IN JAKS RESOURCES BERHAD ("JRB") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.22 PER RIGHTS SHARE TOGETHER WITH UP TO 646,036,652 FREE DETACHABLE WARRANTS IN JRB ("WARRANTS") ON THE BASIS OF 8 RIGHTS SHARES TOGETHER WITH 4 WARRANTS FOR EVERY 5 EXISTING ORDINARY SHARES IN JRB HELD AS AT 5.00 P.M. ON TUESDAY, 27 OCTOBER 2020 Despatch Date 30 Oct 2020 Date for commencement of trading of rights 28 Oct 2020 Date for cessation of trading of rights 05 Nov 2020 Date for announcement of final subscription result and basis of allotment of excess Rights Securities 18 Nov 2020
Last date and time for : Sale of provisional allotment of rights 04 Nov 2020 05:00 PM Transfer of provisional allotment of rights 06 Nov 2020 04:30 PM Acceptance and Payment 12 Nov 2020 05:00 PM Excess share application and payment 12 Nov 2020 05:00 PM Available/Listing Date 26 Nov 2020 Rights Securities will be listed and quoted as the existing securities of the same class Yes Other important dates as the listed issuer may deem appropriate N/A
Entitlement Details Company Name JAKS RESOURCES BERHAD Entitlement Ordinary Shares Ratio (New : Existing) 8.0000 : 5.0000 Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.2200 Fractional Entitlement Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No. 8, Jalan Kerinchi 59200 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0327839299 Fax:0327839222
Dear all, You must keep your entitlement OR if you intend to subscribe for the new Jaks shares with free warrants at subscribtion offer price of RM 0.22. And last day of payment is 12th Nov 2020.
If you have no intention to subscribe your OR then you need to sell you OR as last day for trading OR in Bursa is 4th Nov 2020. After that date you either use your OR to subsribe for new JAKS share with free warrants or waste your OR as OR has no more value. And your entitlement will be given to those apply for excess shares application.
Stockraider pay 5000 to buy 0.5 million of Netx OR at 0.5 cents then he apply 1 milllion of excess Netx RI He sucess with his 0.5 million plus 1 million excess application of 1 million by paying 1.5 million X 0.13. Today netx shares close at 12 cents. He say he is still in money because he still have free warrants come together with the RI.
Entitlement subject Important Relevant Dates for Renounceable Rights Description RENOUNCEABLE RIGHTS ISSUE OF UP TO 629,491,596 NEW ORDINARY SHARES IN NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") ("NETX SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.13 PER RIGHTS SHARE TOGETHER WITH UP TO 314,745,798 FREE DETACHABLE WARRANTS IN NETX ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 2 OCTOBER 2020 ("RIGHTS ISSUE WITH WARRANTS") Despatch Date 06 Oct 2020 Date for commencement of trading of rights 05 Oct 2020 Date for cessation of trading of rights 12 Oct 2020 Date for announcement of final subscription result and basis of allotment of excess Rights Securities 23 Oct 2020
Last date and time for : Sale of provisional allotment of rights 09 Oct 2020 05:00 PM Transfer of provisional allotment of rights 13 Oct 2020 04:30 PM Acceptance and Payment 19 Oct 2020 05:00 PM Excess share application and payment 19 Oct 2020 05:00 PM Available/Listing Date 03 Nov 2020 Rights Securities will be listed and quoted as the existing securities of the same class Yes Other important dates as the listed issuer may deem appropriate Entitlement Details Company Name NETX HOLDINGS BERHAD Entitlement Ordinary Shares Ratio (New : Existing) 6.0000 : 2.0000 Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.1300 Fractional Entitlement Registrar or Service Provider name, address, telephone no SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0362011120 Fax:0362013121
hi Sslee - Just wondering, what shall I do if I intend to subscribe for the new Jaks shares with my entitlement OR? Do I need to fill up any form (online/paper copy?) and what is the payment mode/account? Sorry this is the first time i am subscribing for RI.
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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....
SarifahSelinder
3,762 posts
Posted by SarifahSelinder > 2020-10-28 15:36 | Report Abuse
Sell mother harini?
x takut ka esok nanti underwriters push up mother to give hope to entice ppl to buy RI?
Mother naik OR pula x naik lagi sbb esok nanti mcm too rush troublesome
speakup follow hng33
buy OR
sell mother
28/10/2020 9:55 AM