JAKS RESOURCES BERHAD

KLSE (MYR): JAKS (4723)

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Last Price

0.14

Today's Change

0.00 (0.00%)

Day's Change

0.135 - 0.14

Trading Volume

610,100


41 people like this.

64,793 comment(s). Last comment by jjohnchew 2 days ago

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

Posted by GoHaiDuongGo > 2020-10-28 15:36 | Report Abuse

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 !!!!!!

tean2020

218 posts

Posted by tean2020 > 2020-10-28 15:37 | Report Abuse

speakup any adjustment to my quantity of wb? or price adjustment?

tean2020

218 posts

Posted by tean2020 > 2020-10-28 15:38 | Report Abuse

all wb holder kena big loss like me?

speakup

26,800 posts

Posted by speakup > 2020-10-28 15:39 | Report Abuse

@tean2020, this GoHaiDuongGo fella already answer your question. no need speakup repeat

tean2020

218 posts

Posted by tean2020 > 2020-10-28 15:41 | Report Abuse

okok tks all bros. = )

tean2020

218 posts

Posted by tean2020 > 2020-10-28 15:41 | Report Abuse

so eventually didnt lose 50% on wb

cfyang

27 posts

Posted by cfyang > 2020-10-28 15:47 | Report Abuse

hope mother go steady at 44sen else OR can't hold this price.

momon

80 posts

Posted by momon > 2020-10-28 15:49 | Report Abuse

can anyone share how to subscribe the right/jaks-or? thanks

speakup

26,800 posts

Posted by speakup > 2020-10-28 15:51 | Report Abuse

the 10% premium OR over mother is for the upcoming warrant C

smartly

6,431 posts

Posted by smartly > 2020-10-28 15:51 | Report Abuse

Ask yr remiser .... :p

smartly

6,431 posts

Posted by smartly > 2020-10-28 15:53 | Report Abuse

Wait this FRI, see can sapu OR cheap cheap or not....

Posted by GoHaiDuongGo > 2020-10-28 16:01 | Report Abuse

tean2020: My answer is correct ONLY if your 10k WB was bought ON or BEFORE 23 0ctober
Happy Investing and Good Luck

tean2020

218 posts

Posted by tean2020 > 2020-10-28 16:14 | Report Abuse

GoHaiDuongGo i bought at 22/10 = ) tks

leelazens

67 posts

Posted by leelazens > 2020-10-28 16:18 | Report Abuse

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?

Posted by stockjobber > 2020-10-28 16:21 | Report Abuse

Hi Mr OTB, can you advise on Jaks ? The OR is trading at .26, worth to buy and subscribe ? Thanks in advance

wee2000

246 posts

Posted by wee2000 > 2020-10-28 16:26 | Report Abuse

leelazens, yes, but u will need to exercise the OR by paying 0.22/rights & submit to tricor

smartly

6,431 posts

Posted by smartly > 2020-10-28 16:28 | Report Abuse

wow...mum keep coming down...

King

60 posts

Posted by King > 2020-10-28 16:50 | Report Abuse

sold mother keep OR

leelazens

67 posts

Posted by leelazens > 2020-10-28 16:53 | Report Abuse

if i didnot do anything what will happen to my or

mikeazk

75 posts

Posted by mikeazk > 2020-10-28 17:06 | Report Abuse

King, dont understand yr strategy. OR = 0.26 +0.22 = 0.48, but mother share only 0.425

wee2000

246 posts

Posted by wee2000 > 2020-10-28 17:27 | Report Abuse

if u do not wish to exercise the rights, must sell the OR b4 5/11. If not, all will burn

Posted by Leong Wey Chyuan > 2020-10-28 18:07 | Report Abuse

Right come with free warrsnts

Wdlim123

234 posts

Posted by Wdlim123 > 2020-10-28 19:30 | Report Abuse

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...

Posted by GoHaiDuongGo > 2020-10-28 20:22 | Report Abuse

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.

Wdlim123

234 posts

Posted by Wdlim123 > 2020-10-28 20:54 | Report Abuse

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?

leelazens

67 posts

Posted by leelazens > 2020-10-28 21:30 | Report Abuse

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 ?

CharlesT

14,883 posts

Posted by CharlesT > 2020-10-29 07:20 | Report Abuse

1 jaks +1.5 OR=0.841

if u bought at 0.88 b4 ex date u lose 0.04

AlfI3

1,283 posts

Posted by AlfI3 > 2020-10-29 07:21 | Report Abuse

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

CharlesT

14,883 posts

Posted by CharlesT > 2020-10-29 07:21 | Report Abuse

lets c what will be the prices upon listing of 1.6 times new rights shares

Posted by SIAWUI70 > 2020-10-29 07:39 | Report Abuse

@leelazens. Try e-subscribe through tiih.online (Tricor). Register first.

luckyjb

161 posts

Posted by luckyjb > 2020-10-29 09:15 | Report Abuse

may i know i got jaks-or, what to do with it? to exercise? exercise is for what reason? if not, can sell?

stlf

170 posts

Posted by stlf > 2020-10-29 10:43 | Report Abuse

My god.... Our investors are so naive

Karlos

1,277 posts

Posted by Karlos > 2020-10-29 11:29 | Report Abuse

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.

Karlos

1,277 posts

Posted by Karlos > 2020-10-29 11:35 | Report Abuse

Probably it is better to sell the mother shares now before the new shares arising from the rights issue flooding the market.

stockraider

31,556 posts

Posted by stockraider > 2020-10-29 11:37 |

Post removed.Why?

Citadel12

1,045 posts

Posted by Citadel12 > 2020-10-29 12:19 | Report Abuse

hold the jaks-or, for long term investment! will limit up after one year!!

slts

2,235 posts

Posted by slts > 2020-10-29 12:36 | Report Abuse

u will loose all if u do that

Posted by GoHaiDuongGo > 2020-10-29 12:39 | Report Abuse

Wdlim123: 20000 WC NOT 40000 WC
SORRY Typo error

smartly

6,431 posts

Posted by smartly > 2020-10-29 12:42 | Report Abuse

Posted by Citadel12 > Oct 29, 2020 12:19 PM | Report Abuse

hold the jaks-or, for long term investment! will limit up after one year!!

u make my day. LOL !!!

luckyjb

161 posts

Posted by luckyjb > 2020-10-29 12:49 | Report Abuse

Thanks everyone for the advice, i will decide by tomorrow. have to sell the Jaks-or before what date? 5 November?

Posted by SarifahSelinder > 2020-10-29 15:40 | Report Abuse

To add to confusion tahu ka anda u can sell jz part of the OR?

Posted by Mulan2020 > 2020-10-29 20:43 | Report Abuse

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.

Astartes

1,464 posts

Posted by Astartes > 2020-10-29 20:46 | Report Abuse

moral of the story...dunno what is OR...dun play play!!!

lol aiyoyo

p.s plus please fuking read the forums first dei..before jumping in anything

aiyoyo

Tch222

18 posts

Posted by Tch222 > 2020-10-29 21:07 | Report Abuse

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?

Please advice.
TQ

Sslee

6,229 posts

Posted by Sslee > 2020-10-29 21:11 | Report Abuse

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

Sslee

6,229 posts

Posted by Sslee > 2020-10-29 21:24 | Report Abuse

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.

Sslee

6,229 posts

Posted by Sslee > 2020-10-29 21:52 | Report Abuse

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.

Sslee

6,229 posts

Posted by Sslee > 2020-10-29 21:58 | Report Abuse

NETX HOLDINGS BERHAD

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

king33

4 posts

Posted by king33 > 2020-10-29 23:10 | Report Abuse

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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