attention.....this counter warrent is goin to expire in about a year.....this mean that the shareholder will gonna make one last push on the shareprice...........dont let this golden opportunity off....
While we expect to remain in the black for a considerable period, we are assessing potential partnerships and M&As in which we hope to close (a deal) by the end of this year.
Some of what Liew said doesn't make sense. "Given the proliferation of mobile devices,that has resulted in a decline of consumer printing demand". Consumers generally don't use laser printers, especially not in Asia and would not be your target market with toner etc!
(i) a bonus issue of up to 293,858,324 ordinary shares of RM0.10 each in JADI (“JADI Shares”) (“Bonus Shares”) on the basis of 1 Bonus Share for every 3 existing JADI Shares held by the entitled shareholders of JADI as at 5.00 p.m. on an entitlement date to be determined and announced later (“Entitlement Date”) (“Proposed Bonus Issue”); and
(ii) a renounceable two-call rights issue of up to 293,858,324 JADI Shares (“Rights Shares”) on the basis of 1 Rights Share for every 3 existing JADI Shares held on the Entitlement Date, together with up to 195,905,549 free detachable warrants (“Warrants”) on the basis of 2 Warrants for every 3 Rights Shares subscribed by the entitled shareholders of JADI, at an issue price of RM0.10, of which the first call of RM0.08 payable in cash on application (“First Call”) and the second call of RM0.02 will be capitalised from the Company’s retained profits account (“Second Call”) (“Proposed Two-Call Rights Issue”).
My question 1) Can warrant holder enjoy bonus issue entitlement ? 2) Can warrant holder enjoy right issue entitlement ? 3) What is First n Second call means ? Which is right issue price?
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....
richman
10,110 posts
Posted by richman > 2014-05-08 09:50 | Report Abuse
go for 3cts the wrts