The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?
If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.
If his answer is NO, he probably has BAD INTENTION on the company and its shareholders
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,101,480,437 NEW ORDINARY SHARES IN TIGER SYNERGY BERHAD ("TIGER" OR THE "COMPANY") ("TIGER SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.04 PER RIGHTS SHARE TOGETHER WITH UP TO 1,101,480,437 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS D") ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS D FOR EVERY 4 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 9 SEPTEMBER 2021 ("RIGHTS ISSUE WITH WARRANTS")
Ex-Date 08 Sep 2021
======================= Particulars of substantial Securities Holder Name MR GOH CHING MUN
03 Sep 2021 10,000,000 Disposed
Direct (units) 121,158,600 Direct (%) 8.25 Indirect/deemed interest (units) 159,973,400 Indirect/deemed interest (%) 10.893 Total no of securities after change 281,132,000 Date of notice 06 Sep 2021
============================ Selling to subscribe to the rights ?
Many RI exercises were under-subscribed by retailers who are getting smarter not to contribute more money to loss making companies to continue making losses using their hard-eared money.
======================== Some penny stocks with RI
Directors not clever in doing business to make profits to benefit company and shareholders. Now asking shareholders to contribute to fund raising. Max amount to be raised = 1,101,480,437 X 0.04 = RM44,592,217
If the mother shares stay at 5 sen then those who subsribe to its rights with free warrants can at least look forward to make money from the warrants, 1.5 sen to 2 sen, quite similar to AEM
Hi @whistlebower99, Sorry English is not my strength and I don't understand the instruction from the link given by you. Does it mean that I will need to fill up the form to eligible for the free warrant ?
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....
FaridIsland
1,341 posts
Posted by FaridIsland > 2021-08-19 14:50 | Report Abuse
Bonus issue 3:4 rite?