aizuddin666, need to hold till 5 pm tomorrow to get a free warrant. 2 units warrant for every 5 units share. Today's price has been adjusted. I think on wednesay only the CDs will reflect. https://malaysiastock.biz/Company-Announcement.aspx?id=1293756
SPRING - Notice of Bonus Entitlement SPRING ART HOLDINGS BERHAD
SPRING ART HOLDINGS BERHAD ("SPRING ART HOLDINGS" OR THE "COMPANY") BONUS ISSUE OF 166,274,800 FREE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 5 EXISTING SPRING ART SHARES HELD AT 5.00 P.M. ON 23 FEBRUARY 2021 ("BONUS ISSUE OF WARRANTS")
Kindly be advised of the following :
1) The above Company’s securities will be traded and quoted “[Ex-Bonus Issue]” as from: 22 Feb 2021 2) The last date of lodgment : 23 Feb 2021
Remarks:
The Bonus Issue of Warrants will entail the issuance of 166,274,800 Warrants to be credited as fully paid-up on the basis of 2 Warrants for every 5 existing Spring Art Shares held by the entitled shareholders.
The Warrants will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 4 March 2021, being 2 market days after the submission of the quotation application for Warrants to Bursa Securities.
The notices of allotment for the Warrants will be issued and despatched to all entitled shareholders not later than 4 market days after the date of the listing and quotation of the Warrants on the ACE Market of Bursa Securities.
SPRING ART HOLDINGS BERHAD ("SPRING ART HOLDINGS" OR THE "COMPANY") BONUS ISSUE OF 166,274,800 FREE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 5 EXISTING SPRING ART SHARES HELD AT 5.00 P.M. ON 23 FEBRUARY 2021 ("BONUS ISSUE OF WARRANTS")
Aiyaa relax la. Company ratio still light with 1:4.. retailers only get 15% to play. Others IB playing.. med term can la, recovering sectorial play. Hati tak kuat jangan main ma. Huat huat hopt 93
Buy just to get free warrant won't make much as the price already long ago pump up before ex. But to hold and wait for the wa to be pump up yes will see the big profit. As the mother need to be pump up as well to lead the wa up. The issued shares not a lot so won't be that tough to pump when the time comes.
luckily manage to sell on 0.355, this counter supposed to play sideway or break the support at 0.33 based on the technical analysis,, so better set your trading plan carefully
The warrant is now +5sen on a debut day, let's see how it close end of the day. To me, is consider quite good as the mother share continues to fight back to before the ex-date price level.
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cytew
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Posted by cytew > 2021-02-20 23:15 | Report Abuse
The warrant is intentionally designed for capturing the expected growth value that is to be generated by the factory c once it is completed..