Tabung Haji is a major shareholder and still accumulating
Bauxite mining will restart to generate tax revenue for government. Will add at least RM2m to RM3m every quarter to WZ profit
Budget 2017 introduces lower tax rate on the extra profit in 2017 and 2018. The bauxite operations start with low profit. Will derive max benefit from this budget
company transforming to join the big league in construction sector with obvious turnaround shown in the results. TP RM1.50 for mother and RM1.00 for warrant. Warrant so cheap trading at almost no premium!
I have 10 lots of the WZSATU Mother share . I don’t see the warrant in my account. May I know when u all get your warrant . How many warrants should I get for 10 lots of mother share
Pursuant to the Share Consolidation, the exercise price and the number of outstanding Warrants A which are not exercised prior to the Entitlement Date will be adjusted in accordance with the provisions of the Deed Poll A (Adjustments).
The outstanding Warrants A will be adjusted on the basis of every 5 Warrants A held by the entitled Warrants A holders (whose names appear in the Record of Depositors at 5.00 p.m. on the Entitlement Date) (Entitled Warrants A Holders) into 1 Warrant A (Consolidated Warrants A).
Pursuant to the Adjustments, the existing number of 183,241,446 outstanding Warrants A will be adjusted into a maximum number of [36,648,289] Consolidated Warrants A to be issued and allotted to the Entitled Warrants A Holders. The actual number of Consolidated Warrants A to be issued and allotted would depend on the number of outstanding Warrants A which have yet to be exercised into new Citaglobal Shares as at the Entitlement Date.
Further, pursuant to the Adjustments, the exercise price of the Warrants A will be adjusted from the existing price of RM0.28 each to RM1.40 each.
The Consolidated Warrants A will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad (Bursa Securities) on 6 March 2023, being the next market day following the Entitlement Date.
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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....
paperplane2016
21,650 posts
Posted by paperplane2016 > 2016-10-25 08:24 | Report Abuse
secured 2-3 years order book
Tabung Haji is a major shareholder and still accumulating
Bauxite mining will restart to generate tax revenue for government. Will add at least RM2m to RM3m every quarter to WZ profit
Budget 2017 introduces lower tax rate on the extra profit in 2017 and 2018. The bauxite operations start with low profit. Will derive max benefit from this budget
Warrant should be at a premium to mother share