For sharing, i submitted early conversion to ordinary shares with Rakuten platform. I'm must say, it's quite hassle-free, first step is to email to Rakuten's customerservice, and the rest is easy peasy by the click of your mouse in your own login trading platform. To my suprise, i don't need to find up any form, no bank draft needed, but make sure you have sufficient fund in your cds account. Good luck guys.....
For Conversion to Ordinary Shares (Early Conversion) : Client have to give manual written instructions to notify Rakuten Trade for conversion request with the condition that Warrant Shares must be ready and available in Rakuten Trade CDS Account.
For warrant conversions, you may email us your request along with the details below.
DESCRIPTION: CONVERSION FROM xxxxx(warrant) TO xxxxx(mother share) CLIENT NAME: xxxxx ACC NO.: 10xxxxxx CDS NO.: xxxxxxxxx COUNTER NAME & CODE: CONVERSION HOLDINGS: xxx units REASON FOR CONVERSION:
Posted by newbie9893 > Mar 13, 2021 5:55 PM | Report Abuse
Please don't convert warrant to mother as mother will drop back to 0.70 soon...mark my words
idk, don't b a singkalang! u keep repeating d same message above! i think u r unqualified to recommend trading of DNeX (mother) n Warrants (son)! don't act like ur a sifu in DNeX forum!
goldenluck16 @king36 1. Yes, have to send to the registrar. Use courier service. 2.Only bank draft is accepted. 3. Have to send much earlier, to be safe ,3 weeks before the WD expires..
coldcoldwater For sharing, i submitted early conversion to ordinary shares with Rakuten platform. I'm must say, it's quite hassle-free, first step is to email to Rakuten's customerservice, and the rest is easy peasy by..........
Hi chancc87, yes, i feel that's the reason they encourage us to buy son and exercise it. See the diff in btw mother and son >60c, ppl tends to buy son more than mother.
For sharing, to whom may concern on early conversion via Rakuten platform. It took 13day of market trading days to get the mother share conversion in my CDS account. Hope this info can assist you to plan and execute strategy. Good luck guys....
To whom it may concern:if u were to convert by paying 50.0 , may still be better cos of breaking news today. DNEX & CGP Beijing have bought Silterra...may break 1.00 tomorrow & also cud limit up tomorrow if vol is big & has momemtum...why throw away ur chance to earn extra $$? Food for thot...not a buy or sell call...trade with due diligence..
March 31, 2021 20:02 pm +08 Khazanah sells Silterra to DNex and China-based Equity Fund for RM273 mil cash -A+A KUALA LUMPUR (March 31): Dagang NeXchange Bhd (DNeX) and Beijing Integrated Circuit Advanced Manufacturing and High-End Equipment Equity Investment Fund Center (Limited Partnership) (CGP Fund) have signed a share sale and purchase agreement with Khazanah Nasional Bhd to take over loss-making semiconductor unit SilTerra Malaysia Sdn Bhd for RM273 million cash.
In a statement, DNeX said under the agreement, DNeX will buy a 60% equity interest in SilTerra for RM163.8 million, while CGP Fund will acquire the remaining 40% for RM109.2 million.
The purchase consideration for DNeX will be funded through a combination of proceeds to be raised from a proposed private placement, internally-generated funds and/or borrowings, the statement said.
Son Floating Shares In The Market Was Limited The Potential Much Highest To Move Up The Warrant Prices Easy , If Mother Touch Above RM 1++. ( 18% of 124,703,000 warrant was converted 14/4/21 ) only 82% Floating At The Markets .( Warrant Issued 695,396,809 shares ) Before 30/7/21 Expired ! Invest Wisely Investment Take Yours Own Risk !
KHTTT, 1.there is a form to fill up 2.prepare bankers cheque ( must go to bank or P.O ) 3.buy rm 10.00 stamp hasil 3.every warrant to convert is 50.0 sen e.g. if u have 10000, prepare rm 5000.00 bankers cheq. 4. pay 40.00 to Registrar processing it 5. pse call ur rmisier or IB for more clarity..
Edward,I m trying to fish warrant today...if got it,will wait till 7th July & convert.24 days before expiry shud be enough to reach party processing conversion to mother for listing.
1.there is a form to fill up 2.prepare bankers cheque ( must go to bank or P.O ) 3.buy rm 10.00 stamp hasil 3.every warrant to convert is 50.0 sen e.g. if u have 10000, prepare rm 5000.00 bankers cheq. 4. pay 40.00 to Registrar processing it 5. pse call ur rmisier or IB for more clarity..
Can any shifu provide your valuable comment on WD issue . Either add .50 and hold or sale the WD @0.20 ;? what is the price will he after a year from now ? TQ
chong,nobody can tell u what d price is 12 mths from now. U can either add 50 sen to each share & convert to mother quickly & send to Mega corporate Servces SB or sell it asap before it expires.. Time is running out, usually takes 14 - 21 days to be processeed by Mega Corporate SSB. You must also send separately 20.00 as processing fee.
1.fill up form & sign,available from remisier or IB. 2.send bankers cheque prepared by bank or Post Office 3. send 20.00 separately 20.00 to Mega Corp SSB
Hi justiceserver, how and where to get the form from Mega Corporate Services to complete the application for conversion. BTW, is it RM20.00 or RM40.00 to be paid to Mega Corp for processing. I have tried accessing into Mega Corp website but would not find any clue to access info relating to Dnex warrants conversion guidelines
Email to them at mega-sharereg@megacorp.com.my (common email) not above email (sazali.muda@megacorp.com.my). i've sent on Monday morning and they replied yesterday evening. need some time for their reply.
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coldcoldwater
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Posted by coldcoldwater > 2021-03-16 19:33 | Report Abuse
For sharing, i submitted early conversion to ordinary shares with Rakuten platform. I'm must say, it's quite hassle-free, first step is to email to Rakuten's customerservice, and the rest is easy peasy by the click of your mouse in your own login trading platform. To my suprise, i don't need to find up
any form, no bank draft needed, but make sure you have sufficient fund in your cds account. Good luck guys.....
For Conversion to Ordinary Shares (Early Conversion) :
Client have to give manual written instructions to notify Rakuten Trade for conversion request with the condition that Warrant Shares must be ready and available in Rakuten Trade CDS Account.
For warrant conversions, you may email us your request along with the details below.
DESCRIPTION: CONVERSION FROM xxxxx(warrant) TO xxxxx(mother share)
CLIENT NAME: xxxxx
ACC NO.: 10xxxxxx
CDS NO.: xxxxxxxxx
COUNTER NAME & CODE:
CONVERSION HOLDINGS: xxx units
REASON FOR CONVERSION: