@chanfang "After buy the or at current price, need to pay another 0.59 to get the share"
Is that correct? I thought if i buy right shares at current price (Around 0.38 from Market), and ignore the right shares (RM0.59) of entitlement, i still can get the amount of the right shares which i get from market?
so after subscribing the right issues for eg. 1000 right shares my holding will be 1000 shares + 500 warrants + 500 bonus shares? since you mentioned every right issue=1.5units. or just 500 bonus shares + 500 warrants?
I feel is it not worth buying OR @ 0.35 + 0.59 = 0.94 average 0.62 with bonus + warrant. The mother share is only 0.635 only. When listing, don't know how much the warrant cost. Might as well wait for mother share drop than we buy
free warrant E should be RM 0.35 - 0.40 as well during listing ?? If like that then average cost for one unit RM940/2000 units = RM 0.47 ??? will mother share drop to near RM 0.5.. wah
free warrant E should be RM 0.35 - 0.40 as well during listing ?? If like that then average cost for one unit RM940/2000 units = RM 0.47 ??? will mother share drop to near RM 0.5.. wah
Thanks for the advice. In this case, i rather to subscribe only entitlement right issues, buy more from market only bring up the cost per share (0.38+0.59)
another question regarding right issues, sorry for spamming as im newbie in this.
can i subscribe the right by using my friend's public bank internet banking account? Because i dont have pbebank or affin account. but during subscribe definitely will key in my own cds acc number. Please kindly assist, thank you!
You cannot use people account to subscribe rights issue. You can subscribe by buying banker draft attached together with the rights issue form with rm10 stamp duty and send.
just notice that we can subscribe right issue via internet banking, can anyone share what's the procedure to subscribe through internet banking? Sorry for my innocent question...hope someone can explain, tqvm.
@reiki6 yes, u can subscribe right issues via internet banking if u have pbebank and affin internet banking account. u may refer to Mitrajaya Holding Bhd - AP (Part 1) document, page 55 of 102 (in pdf file). There is procedure how to subscribe right issue via internet banking
@ Lapu, i just got to know can subscribe right issue via internet banking, i am learning also.. From the bank website info, right subscribe via internet banking do not need to pay for stamp revenue, ist?
@whybee You may use method RSF, prepare banker draft, fill up the RSF forms, apply Stamp Duty and post it to Tricor. u can refer from Mitrajaya Holding Bhd - AP (Part 1) document, page 49 of 102 (in pdf file). There is procedure how to subscribe right issue via RSF.
@tzerteoh thanks alot for your reply, so do u mean if i open a public bank account, i am able to do everything in their internet banking? and i do not need to post the form to tricor and all?
Hi, anybody have experience in subscribing to excess rights share? What is an "ideal" number to subscribe if i want to buy more but dont want to put too much and rejected back?
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3111 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
limlw
85 posts
Posted by limlw > 2018-03-27 11:59 | Report Abuse
so let say i have 1000 right shares, once i subscribe what i get is 1000 right shares+500 bonus issue+500 warrant?