QUOTE(jeffwpl @ Sep 21 2011, 03:35 PM)
2577 YTLLAND YTL LAND & DEVELOPMENT BHD
Rights Issue 3 : 5 @ RM0.50 (Amended)
Entitlement Details:
Renounceable rights issue of up to RM248,684,727 nominal value of ten (10)-year
3.0% stepping up to 6.0% irredeemable convertible unsecured loan stocks
("ICULS") at 100% of nominal value on the basis of three (3) RM0.50
nominal value of ICULS for every five (5) existing ordinary shares of RM0.50
each in YTL Land & Development Berhad ("YTL Land") held on 5 October 2011 at
5.00 p.m. ("Rights Issue of ICULS")
it means u'll get 3 RI(right issues) for every 5 YTLLAND mothershares.Rights Issue 3 : 5 @ RM0.50 (Amended)
Entitlement Details:
Renounceable rights issue of up to RM248,684,727 nominal value of ten (10)-year
3.0% stepping up to 6.0% irredeemable convertible unsecured loan stocks
("ICULS") at 100% of nominal value on the basis of three (3) RM0.50
nominal value of ICULS for every five (5) existing ordinary shares of RM0.50
each in YTL Land & Development Berhad ("YTL Land") held on 5 October 2011 at
5.00 p.m. ("Rights Issue of ICULS")
eg:
if u have 1000 units of YTLLAND, then u get 600 units of RI.
correct me if i'm wrong
This post has been edited by ken_ng: Sep 21 2011, 04:02 PM
Sep 21 2011, 04:02 PM

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