Today EGM, the directors all arrived a few minutes late. All resolution approved. We will get bonus issues but 30% of total will be ESSOS for directors and employers from time to time.
you must understand that in a true sense there is no dilution for any bonus issue......in bonus issue although there are increaments in number of shares , these additional shares will be given to all the existing share holders, so nothing to lose.......right issue and shares placement will dilute shareholders intrest......
hmm...very high receivable turnover ratio. weak in debt collection, perhaps. Cash flow tight mean no extra divident payout to shareholder? so, is this counter is suitable for profit taking investment purpose?
Remarks 1:- "Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place on 13 September 2016 with bonus issue of BIOHLDG shares of RM0.05 each, any shareholder who is entitled to receive BIOHLDG bonus issue shares, may sell any or all of his BIOHLDG shares arising from the bonus issue beginning the Ex-Date (7 September 2016).
For example, if Mr X purchases 300 BIOHLDG shares on cum basis on 6 September 2016, Mr X should receive 300 shares on 9 September 2016. As a result of the bonus issue, a total of 400 BIOHLDG shares will be credited into Mr X's CDS account on the night of 9 September 2016 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 400 on or after the Ex-Date ie from 7 September 2016 onwards."
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Beza
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Posted by Beza > 2016-08-19 15:24 | Report Abuse
Today EGM, the directors all arrived a few minutes late. All resolution approved. We will get bonus issues but 30% of total will be ESSOS for directors and employers from time to time.