So you mean is this rights issue is for investors who bought the company shares previously ? For new investor like me that i just bought @0.08 is not entitled for the subscription ?
Hi Guys. I had been contacted by the bank regarding to pworth-or and bonus share, and i choosed to subscribe the offer. The pworth-or already been appeared in my portfolio and not the bonus share. When will the bonus share appear in the portfolio? TQ in advanced.
I think you may find most of the answers to the questions in the prospectus. Please read and understand what’s in the prospectus first and then you will be more clear of the whole RI exercise. In the prospectus, you will also find a copy of the RSF (rights subscription form), which you need to read and understand the instructions to complete the subscription and/or excess application. So yeah, please read the entire document first. Its current available on the bursa Malaysia website at http://www.bursamalaysia.com/market/listed-companies/company-announcements/5859909
If you have not received the prospectus and form in the mail yet, please go to the above website and read up on the information first.
Noticed that subscription can be done thru pbebank. If I have Public Bank savings account but I don't have CDS account maintain with Public Bank, can i still do subscription thru pbebank?
Rights Acceptance is the rights allotted to your + what u have purchased in the open market. Excess rights is the application to purchase the shares from the rights which are not taken by others
1) after login tru pbe, go to investment, then erights, then add your cds account(cannot subscribe for other's cds) under manage account. 2) subscribe erights under your cds after 1st step.
With 3 times more than the current number of share, the price will go down substantially after the shares are credited into accounts...! 3 billion more shares are coming compared to the current 1 billion...!
Given that almost all penny stoks are doing very badly especially after RI or consolidation (i.e. Bornoil, Hubline, PDZ, Matang, Vivocom, Minetec, Netx, EAH, Nexgram, ) and many many more, I think PWorth is no exception !
Issue of contention: the police investigation is still on going on the seized 40000 logs and if is found that the company is involved, the authorities have the right to revoke the logging concession..
Shreres trading is a demand supply game, not the number of shares game. Moreover the price is cheap, buyers are trading in term of hundred and thousands lots not 1 or 10 lots Save your breath and the fear deep inside yourself
agreed with Charles, ordinary post will take more than a week to arrive if you are lucky should have sent with Pos express to secure your shares take around 2-3 days, this is not risky anymore is igniting a fire to begin with. Good luck.
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....
Nicholasming91
3,559 posts
Posted by Nicholasming91 > 2018-07-27 17:15 | Report Abuse
My broker said subscribe or not subscribe is the same.. just go for the ordinary shares