which one is better? going up after new shares issued or before ? i think better after shares issued, because they accumulate as much as possible at lower price.
Hextar is the major shareholder even before the Right issues. That is why it was renamed from SCH BHD to Hextar Industries BHD The percentage of holdings increases. 30 odd percent to current 46%.
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Posted by Jeff7 > Oct 29, 2021 9:09 AM | Report Abuse
Doubt there is a new date. There is no mention on a new expiry date so should remain the same , but only difference is exercise price reduced to 16 sen.
======================================== Posted by kfliau > Oct 31, 2021 2:37 PM | Report Abuse
Any idea when is the new maturity date of the warrant? Bursa announcement indicates not applicable. The original maturity date was 5th Dec 2021
Thanks winterwolf. I find it strange at the profile of warrant stating conversion is non-mandatory and mahurity is not applicable. Usually last day of trading is about 3 weeks before expiry whuch means the last day of trading for warrant will be very close if expiry is on 5th Dec. If so, there will be an announcement next week on the expiry which makes this warrant risky if operator dorsn't push up the mother
Posted by kfliau > Oct 31, 2021 2:37 PM | Report Abuse Any idea when is the new maturity date of the warrant? Bursa announcement indicates not applicable. The original maturity date was 5th Dec 2021 ===========================================
Ada bursa announcement meh pasal maturity date not applicable? Kasi link kalau ada.
I just notice from the link you provided, the listing date of the warrant for both the old ( 68m shares) and new warrant ( 61m shares ) had been changed.
Never appear in any of the documents.
============================================== Posted by kfliau > Oct 31, 2021 5:45 PM | Report Abuse
Same mentioned on the right issues, additional warrants been issued. So, expiry date couldn't be the same. To my understanding (disclaimer : please double check) expiry date not mandatory meaning not applicable - no expiry date.
In bursa history, there is no such thing as no expiry date for any warrant that was issued. The registrar and Bursa need to clarify this issue. Clarity is absence here.
Posted by henry888 > Nov 1, 2021 8:17 AM | Report Abuse
Same mentioned on the right issues, additional warrants been issued. So, expiry date couldn't be the same. To my understanding (disclaimer : please double check) expiry date not mandatory meaning not applicable - no expiry date.
Posted by aspenvit > Nov 1, 2021 8:42 PM | Report Abuse
This goreng is to persuade people to subscribe to the rights issue I suppose. When is the closing date for rights' subscription? =========================================================
Last Friday was already listing day laa brother. Now is time for the goreng show.
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Posted by kfliau > 2021-10-28 13:16 | Report Abuse
Good luck to holders. Hope the floodgate tomorrow is manageable