Thank you so much.

Subscribed. Now god please bless me….

This post has been edited by MasBoleh!: Dec 10 2021, 03:37 PM

Yours if sell, too small to make a different. Just now I see… worth 0.05cent per rcuids if sell

Wanna join me and pay that 124.50?

I just masuk 1k+ lol

This post has been edited by MasBoleh!: Dec 10 2021, 03:39 PM

how? im using mbb trade app..

This post has been edited by spreeeee: Dec 10 2021, 04:18 PM

i jz done TIIH online registration, but need 1 day for approval..

but:

Last date and time for the sale of Provisional Allotments:
Friday, 10 December 2021 at 5.00 p.m.

tiih approved within minutes.. so just completed everything online.. sharp 5pm

https://www.theedgemarkets.com/article/aira...-public-holiday

So today is not the last day?

Why not you try and apply for excess shares
Currently you have 166 of LR, so you can apply for excess shares of 334 to make it a round figure of 500 shares altogether
For excess shares you need to pay 334 x 0.75 = RM 250.50

Last date and time for the sale of Provisional Allotments is NOT the last day for you rights submission & payment
You should be looking for Acceptance date, which is on 20th December. This is the cut off date to submit your LR payment

I'm not sure you can use TIIH online for your payment for LR. Can't seem to find any AirAsia rights in there.
However you can use Bursa Anywhere or manually - by applying banker's cheque and sending it by courier

This post has been edited by bcombat: Dec 10 2021, 05:25 PM


Attached thumbnail(s)

Just for the record...

AirAsia closed at 0.775

Omg ask me to subscribe 166 share.. odddddd

Yoy guy buy or not ????? I mean subscribe corporate actioj ??

you miss the 10 Dec as last trading day to react to it.
now you can subsribe to the RCUIDS.

Yesterday 10 Dec was last trading day of the rights (LA).

For subscription, via Tricor etc., last day is 20th Dec.

KUALA LUMPUR (Dec 27): AirAsia Group Bhd's RM974.5 million cash call received valid acceptances for 1.11 billion or 85.13% of the total available redeemable convertible unsecured Islamic debt securities (RCUIDS) at a nominal value of 75 sen apiece.

In a bourse filing on Monday (Dec 27), AirAsia said it had received a total of 1.11 billion in valid acceptances and excess applications for its RCUIDS as at 5pm last Monday (Dec 20).

The filing revealed that there were 193.2 million RCUIDS or 14.87% of the total available RCUIDS that were not subscribed by its entitled shareholders.

The aviation group added that the total number of excess RCUIDS available for allocation was 281.76 million.

“In view that the total number of excess RCUIDS applied for was 88,553,443, the Board has decided to allot the excess RCUIDS to all entitled shareholders and/or their renouncee(s) or transferee(s) who have applied for the excess RCUIDS in full,” the filing said.

Meanwhile a total of 193.2 million unsubscribed RCUIDS will be fully subscribed by its joint underwriters, RHB Investment Bank and Kenanga Investment Bank Berhad, based on the underwriting agreement signed between AirAsia and the banks on Nov 18.

AirAsia’s two largest shareholders Tan Sri Tony Fernandes and Datuk Kamarudin Meranun via their 50-50 jointly-owned special purpose vehicle Sky Accord Sdn Bhd (SASB) have also fully subscribed to 343.03 million RCUIDS, representing 26.40% of the total RCUIDS available for subscription.

Successful applicants of the RCUIS will also get one warrant for every two RCUIDS that they subscribed to.

The RCUIDS and warrants are expected to be listed and quoted on Bursa Malaysia’s Main Market on Friday (Dec 31), the filing showed.

This closing for acceptance of the RCUIDS would net AirAsia approximately RM829.61 million based on 75 sen per RCUIDS for 1.11 billion RCUIDS, based on a back-of-the-envelope calculation.

The RCUIDS issuance, coupled with other fundraising activities that was taken by the aviation group such as the RM500 million Danajamin-guaranteed loan secured in October, as well as a private placement of 470.21 million shares which raised RM336.46 million in March, would see the aviation group raise around RM1.67 billion.

AirAsia had planned to raise between RM2 billion and RM2.5 billion via a combination of equity and debt to finance, among others, working capital requirements of the group.

For the six months ended June 30, 2021, AirAsia managed to narrow its losses to RM1.35 billion from RM1.8 billion a year earlier, while revenue shrank to RM686.82 million from RM2.49 billion. Its cash balance meanwhile dwindled to RM235.61 million from RM996.12 million.

AirAsia shares were flat at 81.5 sen on Monday, giving the aviation group a market capitalisation of RM3.16 billion.

The RCUIDS and warrants are expected to be listed and quoted on Bursa Malaysia’s Main Market on Friday (Dec 31), the filing showed.

Received my rcuids today. How do I convert them? Through my broker? Email?

Try contact broker or the share registrar (Tricor)

Thank you!

why do you want to convert it now?

My entry point is already very high. Like 3 myr and I just left it like that. Converting them would help to average it down alot