PILECON ENGINEERING BHD
KLSE (MYR): PILECON (4073)
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Company warrants are issued by the company and give the holders the right, but not an obligation, to subscribe for new ordinary shares at a specified price during a specified period of time.
Structured warrants are proprietary instruments issued by a third-party issuer, namely an eligible broker or financial institution that give holders the right, but not the obligation, to buy (call warrants) or sell (put warrant) the underlying instrument in the future for a fixed price.
A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.
A put warrant is in-the-money when the underlying share price is lower than the exercise price.
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Be the first to like this. Showing 7 of 7 comments
ycbang. I would also like to know. The company is still in operation and despite being delisted, we as shareholders still have a right to know what is happening. Others in similar position please also post here. We should act collectively to protect our interest.
2016-04-20 02:34
ycbang and Luffy, and others affected by the Pilecon suspension, please contact me at nair8888@gmail.com
We need to meet urgently and approach the management collectively to update us. The company is still operating.
2016-06-27 13:52
Has been delisted on Jan 14 2010 after failing to submit a regularisation plan by the Dec 31 2009 deadline. It has been 6 years. However till todate, the company still in operation as private company. It is interesting to know what happened to the minority shareholder huh? Holding a private company share???
2017-02-10 12:48
Thanks analyst007, will contact u by email soon after discussing my friends who r also shareholders of Pilecon !!!
2017-10-28 22:01
Hi, Kris Wong, just read this blog. Can share your advice on Pilecon shares? I have 1 lot in my CDS.
2018-10-09 11:44
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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
ycbang
What happened to pilecon ..pls advice
2016-01-16 08:56