what's going on here??We're here to gain profit & not to keep showing finger one another...please be matured and adress your own opinion..no 1 is perfect..tq
@Wow123 I check at 7.15 am this morning, my Pr share already in CDS account. I queue to sell at 7.18 am. At end of day, not done. How come yours done when you queue at 8.30 am. ??? The system is not systematic !!!
For the one who never bought preference shares,please sell now at 10 cents.Preference shares is value destroyer gradually compare to right issues one off.I put value of 3-5 cents assume all 6.5 billion preference shares convert into normal shares.
Renounceable rights issue of up to 6,527,407,770 new irredeemable convertible preference shares ("ICPS") on the basis of 13 ICPS for every 1 existing ordinary share in Ageson Berhad (formerly known as Prinsiptek Corporation Berhad) ("Ageson") held by the entitled shareholders of Ageson as at 5.00 p.m. on Wednesday, 19 February 2020 at an issue price of RM0.01 per ICPS ("Rights Issue of ICPS")
Kindly be advised of the following :
1) The Right commence of trading : 20 February 2020 2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 21 February 2020 3) The last day and time for Acceptance, Renunciation and Payment : 5 March 2020 4) The Rights cessation quotation : 27 February 2020
I really don't know where the ECRL comes from unless there is an insider here who knows very well of non published information as of now.
The ICPS is dealing with the development for the Batu Ferringhi consists of mixed development of Service apartments and hotel. The said parcel is along established stretch of hotel like Hard Rock, Shangri-la, Holiday Inn. 3 main holders have fully subscribed, i.e. Chin Kok Foong, Dato' Liew Kok Leong and Ukay One Sdn Bhd which forms the fund raised as RM13.26mil. How they utilize the proceeds has all been detailed in the prospectus. I guess all need to read carefully before coming to a final decision whether to subscribe to the said ICPS. The tenure of the ICPS is 10 years from 20Feb20.
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....
BrightChoice
736 posts
Posted by BrightChoice > 2020-02-20 14:05 | Report Abuse
millions? sure?