Tomorrow EGM will approve the warrants, will that mean 13 August is the Ex-date? Or does it mean all the shareholders as of 12 August will automatically receive the warrant? Anyone.
We are pleased to inform you that an Extraordinary General Meeting (“EGM”) of the Company will be conducted entirely through live streaming from the Broadcast Venue, details of which are as follows:
Meeting Platform :https://tiih.online Day and Date : Wednesday, 12 August 2020 Time : 10.00 a.m. Broadcast Venue : No. 2A, Jalan 13/2, Seksyen 13 46200 Petaling Jaya, Selangor Darul Ehsan, Malaysia Mode of Communication : Prior to the day of EGM: (Submission of Questions) • Via https://tiih.online by selecting “e-Services” On the day of EGM: • Typed text in the Meeting Platform
If you require any assistance on the above, kindly contact Tricor during office hours on Mondays to Fridays from 9.00 a.m. to 5.30 p.m. (except on public holidays):
General Line : +603-2783 9299 Fax Number : +603-2783 9222 Email : is.enquiry@my.tricorglobal.com Contact persons : En Zulhafri Bin Abdul Rahman +603-2783 9289 (Zulhafri@my.tricorglobal.com) En Ahmad Syafiq Bin Shaharuddin +603-2783 9248 (Ahmad.Syafiq@my.tricorglobal.com)
“suregoup the value of the mother shares will be lower on exercise day“
Lower by the issuance value of the warrant, if it really has that impact. But the market value of the warrant during opening is the one bring in the most reward.
Yahoo,warrant approved meaning Ancom is rewarding the shareholders.What would be the next?Dividend? Then Ancom could be the dividend play stock under FM radar..or become turnaround play under FM?Expected coming Q1 can deliver good numbers since most of the write off clean up.
9. ESTIMATED TIME FRAME FOR COMPLETION
Barring any unforeseen circumstances and subject to the approvals from the relevant
authorities and parties being obtained, the Proposed Free Warrants Issue is expected to be
completed by the fourth (4th) quarter of 2020.
The tentative timetable for the implementation of the Proposed Free Warrants Issue is set out
below:
Date/Month
Events
12 August 2020
Convening of EGM to obtain the approval of the shareholders of Ancom
for the Proposed Free Warrants Issue
End August 2020
Announcement of the exercise price and Entitlement Date for the
Warrants B Date/Month
Events
Mid September 2020
Entitlement Date
Early October 2020
Listing of the Warrants B on the Main Market of Bursa Securities
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3089 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
hantutrade
5 posts
Posted by hantutrade > 2020-08-11 11:24 | Report Abuse
who's calvin?