No worry.still can buy rights for the rights(+warrant) or rights for warrants(after subscription of rights issue).could be cheaper that way. No commission paid for the value of the mother.
today don't sell bcos later the dato tan collect your share .... and later he get free wa...bcos entitlment for board director 28/11 until 5pm ... buy before Ex date is only public but for board director on EX date...
TIGER - NOTICE OF RIGHTS ENTITLEMENT
TIGER SYNERGY BERHAD
LISTING'S CIRCULAR NO. L/Q : 69256 OF 2013
RENOUNCEABLE RIGHTS ISSUE OF UP TO 424,710,000 NEW ORDINARY SHARES OF RM0.20 EACH IN TIGER SYNERGY BERHAD ("TIGER") (“RIGHTS SHARES”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.20 EACH HELD, TOGETHER WITH UP TO 424,710,000 FREE DETACHABLE WARRANTS 2013/2018 (“WARRANTS 2013/2018”) ON THE BASIS OF ONE (1) WARRANT 2013/2018 FOR EVERY ONE (1) RIGHTS SHARE SUCCESSFULLY SUBSCRIBED AT 5.00 PM ON 2 DECEMBER 2013 AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted [ "Ex - Rights Issue" ] as from : [ 28 November 2013 ]
2) The last date of lodgement : [ 2 December 2013 ]
3) Retention Money : Where securities are not delivered in time for registration by the seller, then the brokers concerned :-
a) Selling Broker to deduct [ 1/2 ] , of the Selling Price against the Selling Client.
b) Buying Broker to deduct [ 10% ] of the Purchase Price against the Buying Client.
c) Between Broker and Broker, the deduction of [ 1/2 ] of the Transacted Price is applicable.
In addition, up to 3,707,152 additional new Warrants 2010/2015 arising from the Adjustments (“Adjustment Warrants”) will be allotted and issued on the basis of 9.84 Adjustment Warrants (indicative) for every 100 Existing Warrants held by the entitled holders of Existing Warrant of the Company, whose names appear in the Record of Depositors at 5.00 p.m. on the Entitlement Date. Any adjustments to the number of Existing Warrants will be rounded down to the nearest whole Warrant 2010/2015.
In addition, up to 3,707,152 additional new Warrants 2010/2015 arising from the Adjustments (“Adjustment Warrants”) will be allotted and issued on the basis of 9.84 Adjustment Warrants (indicative) for every 100 Existing Warrants held by the entitled holders of Existing Warrant of the Company, whose names appear in the Record of Depositors at 5.00 p.m. on the Entitlement Date. Any adjustments to the number of Existing Warrants will be rounded down to the nearest whole Warrant 2010/2015.
Anyone can xplain ?
This is rights issue arising from TIGER-WA, with ratio of 9:100
if u want their free wa buy their rights share will list on 3/12/2013
LISTING'S CIRCULAR NO. L/Q : 69258 OF 2013
RENOUNCEABLE RIGHTS ISSUE OF UP TO 424,710,000 NEW ORDINARY SHARES OF RM0.20 EACH IN TIGER SYNERGY BERHAD ("TIGER") (“RIGHTS SHARES”) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF RM0.20 EACH HELD, TOGETHER WITH UP TO 424,710,000 FREE DETACHABLE WARRANTS 2013/2018 (“WARRANTS 2013/2018”) ON THE BASIS OF ONE (1) WARRANT 2013/2018 FOR EVERY ONE (1) RIGHTS SHARE SUCCESSFULLY SUBSCRIBED AT 5.00 PM ON 2 DECEMBER 2013 AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE.
Kindly be advised of the following :
1) The Rights commence of trading : [ 3 December 2013 ]
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : [ 4 December 2013 ]
3) The last day and time for Acceptance, Renunciation and Payment : [ 17 December 2013 @ 5:00pm ]
4) The Rights cease quotation : [ 10 December 2013 ]
The Stock Short Name, Number and ISIN Code [ TIGER-OR, 7079OR and MYL7079OR009 ] respectively
once u buy their rights on 3/12/2013 later u rec,Acceptance form for tiger company advice. before 17/12/2013 5pm u need send Acceptance form to tiger company advice..
wen i went to their egm meeting... i ask their director ...wat is next plan their board director said they wait for 1 government project but not very sure wen tey get it... rumah 1 malaysia at negeri sembilan... their director dato tan very close wit bn guys...
All Tai Ko .... you all saw today transaction ? why got buyer keep on buy 0.20 with small bite small bite ... 20 - 30 - 40 - 50 - 20 - 30 - 50 .... What's wrong ah ?
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....
ujang23
41 posts
Posted by ujang23 > 2013-11-18 20:32 | Report Abuse
shit