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 Stock Market V49, MARKET REBORN LIKE A TIGER ROAR !!!

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myfriend2009
post Feb 9 2010, 11:33 PM

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Joined: Nov 2009
Submitting Merchant Bank : AFFIN INVESTMENT BANK BERHAD
Company Name : FRONTKEN CORPORATION BERHAD
Stock Name : FRONTKN
Date Announced : 27/01/2010

EX-date : 09/02/2010
Entitlement date : 11/02/2010
Entitlement time : 05:00:00 PM
Entitlement subject : Rights Issue
Entitlement description : ("FCB" OR "COMPANY")

RENOUNCEABLE RIGHTS ISSUE OF UP TO 288,973,760 NEW ORDINARY SHARES OF RM0.10 EACH IN FRONTKEN CORPORATION BERHAD ("FCB") (“FCB SHARES”) (“RIGHTS SHARES”) TOGETHER WITH UP TO 288,973,760 FREE NEW DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF TWO (2) RIGHTS SHARES TOGETHER WITH TWO (2) WARRANTS FOR EVERY FIVE (5) EXISTING FCB SHARES HELD AT 5.00 P.M. ON 11 FEBRUARY 2010

Period of interest payment : to
Financial Year End :
Share transfer book & register of members will be : to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no : Tricor Investor Services Sdn Bhd (formerly known as Tenaga Koperat Sdn Bhd)
Level 17, The Gardens North Tower
Mid Valley City
Lingkaran Syed Putra
59200 Kuala Lumpur
Tel: 03-2264 3883

Payment date :

a.
Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers
: 11/02/2010

b.
Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
:
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.

Number of new shares/securities issued (units) (If applicable)
:
Entitlement indicator : Ratio
Ratio : 2 : 5
Rights Issues/Offer Price : 0.11



Does this mean that if I buy 5 frontken shares I will get free 2 warrants? Or do I still have to pay for warrants too?

Please help as I want to buy this mother share
myfriend2009
post Feb 12 2010, 03:34 PM

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I was just wondering, mother shares ususally drop when the rights begin trading. But will the mother share keep dropping on the second day of the trading too? Because I wanted to buy FRONTKN, the price now is 0.145, very cheap. Just wondering whether it will drop futher
myfriend2009
post Feb 20 2010, 12:04 AM

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Junior Member
78 posts

Joined: Nov 2009
Why Leweko share price is dropping? Can someone explain.

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