Picker... no need to pay any... after u get it, the share price will be adjusted also... :P will be around 0.848(as of today price, but if the price is higher before ex then would be higher than this)... however, units on hand will be increased as well...
OKA has gapped up and retested the RM1.13 level with improved volumes yesterday. The MACD Line is approaching zero, while the RSI continues to trend higher above 50. Monitor for a breakout above the RM1.13 level, targeting the RM1.23 and RM1.33 levels. Support will be pegged around the RM1.03 level.
another to share :) Remarks) "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 25 November 2014 with Bonus issue of OKA shares of RM0.50 each, any shareholder who is entitled to receive OKA Bonus issue shares, may sell any or all of his OKA shares arising from the Bonus issue beginning the Ex-Date ( 20 November 2014 ).
For example, if Mr X purchases 400 OKA shares on cum basis on 19 November 2014, Mr X should receive 400 shares on 24 November 2014. As a result of the Bonus issue, a total of 500 OKA shares will be credited into Mr X's CDS account on the night of 24 November 2014 being the Book Closing Date. Therefore, Mr X can sell the Bonus issue shares of 500 on or after the Ex-Date ie from 20 November 2014 onwards. http://www.bursamalaysia.com/market/listed-companies/company-announcements/1792653
ckwan, agree that.. however, my view is... the share cap liquidity ^ after more share bonus/split/rights offered... share price lowered and might easily traded as can say its price cheaper d... of course, more units on hand may get more div next time la... lol... thanks
Malaysia is currently moving towards wawasan 2020(the reason of huge developments being approved and ongoing)... from future perspective, i cannot see why this is not a chance for OKA. if taking this a long term counter, this is definitely a growing counter...
ckwan, after bonus shares issued , investor buying price will be subjected to deduct 20% right? when it will reflect it? because now market price was 0.87.
kingpro... its already ex today... any txn will based on market price d... no additional deduction... however yr existing holding will be added with the bonus declared... 4 free 1...
just a quick asking, why bonus shares not yet sampai but price dropped?...then how to clear stock if 4+1 not yet sampai?....(just asking coz first time opted into BI)
For example, if Mr X purchases 400 OKA shares on cum basis on 19 November 2014, Mr X should receive 400 shares on 24 November 2014. As a result of the Bonus issue, a total of 500 OKA shares will be credited into Mr X's CDS account on the night of 24 November 2014 being the Book Closing Date. Therefore, Mr X can sell the Bonus issue shares of 500 on or after the Ex-Date ie from 20 November 2014 onwards.
i read it few days ago...but not very understand....how to clear the 4+1 since my quantity available still remain 4?.....''500 on or after the Ex-Date''...
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fiesta
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Posted by fiesta > 2014-11-05 08:58 | Report Abuse
Waiting for the bonus issue... ex-date should be declared soon.