anyone mind to explain about this right issue ? existing holder had 1000 unit , is it he will get 3000 unit ? or still remain 1000 unit at rugi price ?
Newoldbird opening price of mother 0.135 while opening price of warrant is 0.085. Exercise ratio 1 to 1 wont change that is where my number came from :)
New exercise prise for warrant is 10 cents which revised from 20 cents...just called to registrar this morning..actually very simple, anything you don’t understand regarding the RI, just call the registrar..
For warrant holders, just multiply your holdings with 1.9106 For instance if you hold 10000 units, you will receive additional 9106 units, your total holdings will be 19106. You don’t have to subscribe anything. Hope this helps
@yvonne always be aware of your investments. The price didn’t drop, it didn’t show red right? Share price adjusted due to RI. Tomorrow you will receive your OR. You can either sell it before 17th May or subscribe it (pay extra to own more tawin shares at 0.135
Am I right to say, OR will be trade in discount (Let's assume @0.095)? After 18 May, the OR would not be able to be traded anymore and changed to mother share and according to mother share price?
@newoldbird if you want to subscribe, you need to do so before 26th May. Means you need to make payment latest by 25th May. If you don’t do anything, you will make loss because OR will disappear into thin air. Talk to your investment banker on how to subscribe, they will teach you
if i holding mother 10000 unit , is it will auto add up x3 in my account ?
i not understand about that 0.06/unit , i need to topup 10000 x 3 x RM0.06 to entitle the x3 units or else will burnt ? or i will get x 3 unit for mother automatically without topup or pay anything ?
and for son wa i will get multiply 1.9106 automatically ?
Tmrw you will receive OR already. If you don’t want to top up, you can sell your OR. If you own 1000 units of mother, you will receive 3000 units of OR.
which mean if i have 1000 mother and i doesnt topup for that 0.06 right issue , i'll entitle 3000 tawin-OR and the 1000 mother still remain ? and when is the tawin-or expiry date?
1) The Right commence of trading : 7 May 2021 2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 10 May 2021 3) The last day and time for Acceptance, Renunciation and Payment : 25 May 2021 4) The Rights cessation quotation : 18 May 2021
SECURITIES SERVICES (HOLDINGS) SDN BHD Level 7, Menara Milenium Jalan Damanlela, Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Tel: 03 2084 9000 Fax: 03 2094 9940
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mkisses
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Posted by mkisses > 2021-05-05 10:00 | Report Abuse
Never seen this before, it looks like there is a auto-trade to sell at 16 cents. Anyone can explain how this works?