christopher, based on what i know now. If subscribe RCUIDS u will need to pay120,000 @ 0.5sen =RM60k , at the end u will have = 300,000 hiaptek + 240,000 hiaptek bonus issue + 120,000 hiaptek-LA (RCUIDS) and 120,000 hiaptek warrant.
LA price = some people estimated 5sen higher than mother share , some people say it will cheaper than mother share. warrant price = not sure.
If you do not wan to subscribe RCUIDS, then u will have to sell all 120,000 hiaptek-OR which will appear in your account on 31/5-3/6. hiaptek-OR price = unknown, Some people estimate 0.35-0.45
In conclusion, i also dont know what is the best solution. As all price is just forecast only.
Guys...first of all.. THANKS to your explanation. I spent long hours last nite until midnite to figure it out finally ! Yup it is very SILLY to hold on to the mother shares too. Bonus shares will come in soon.
Tan Boon Sun and cytew.... thanks for the good explanation. Really appreciate it. I understand it now....this one is a bit challenging compared to others deals !
I think they are trying to push LR share down so that they can all pick up cheap. If LR is 20 sen and mother shares at 25 sen, paying 50 sen meaning you breakeven for mothershare but profit on warrants and LR share later, as LR will be a premium over mothershare during to interest bearing securities!
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....
Christopher Tan
202 posts
Posted by Christopher Tan > 2016-05-25 23:13 | Report Abuse
Or Tan Boon Sun... can you give me a hand to make sure I understand the situation