Types of corporate proposal Exercise of Warrants Details of corporate proposal Conversion of Warrants B No. of shares issued under this corporate proposal 2,063,700 Issue price per share ($$) Malaysian Ringgit (MYR) 0.3500 Par Value ($$) Malaysian Ringgit (MYR) 0.250
Types of corporate proposal Exercise of Warrants Details of corporate proposal Conversion of Warrants B No. of shares issued under this corporate proposal 2,185,400
Listing Date 09 Jun 2016
Another 2.185 million new shares for sales tmr....
RENOUNCEABLE RIGHTS ISSUE OF UP TO 735,074,052 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES OF RM0.05 EACH IN O&C RESOURCES BERHAD (FORMERLY KNOWN AS TAKASO RESOURCES BERHAD) ("OCR") ("ICPS") ON THE BASIS OF THREE (3) ICPS FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.25 EACH IN OCR ("OCR SHARE") HELD AS AT 5.00 P.M. ON 15 JUNE 2016 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.05 PER ICPS, TOGETHER WITH UP TO 73,507,405 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF ONE (1) WARRANT FOR EVERY TEN (10) ICPS SUBSCRIBED FOR ("RIGHTS ISSUE OF ICPS WITH WARRANTS")
Ex date in 13th but also mentioned that entitle is 15th. So, will I get the entitlement if i buy the stock on the 14th (after 13th and before 15th)??? What is the different between ex date and entitlement date? Hope someone and spend a bit of time to explain. Thx in advance
Entitlement date is the date u will receive the right into your CDs account which u can trade in the market. normaaly the right will be credit into your CDs account ex date + 2 days. On exdate + 3 days u can trade the right.
warrant conversion price RM0.50 but mother now still below 0.50.....not sure how much can mother open ? since recently so many WB converted into Mother
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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....
dkpm89
554 posts
Posted by dkpm89 > 2016-06-02 11:26 | Report Abuse
well,,,discouraging investors from exercising the right? w +35. thy push mother sky high but left the warrants 'dead' a week ago