You can let the rights expire without any action on your part.

All shares will get the "rights" to buy their warrants. Whether you exercise this "right" to buy their warrant is up to you.

But then normally if you don't exercise your right, you'll rugi because the warrants will dilute the price of the mother share you are holding.

By exercising your "rights", you'll be getting your piece of the pie the company is offering to investors to put in more money to the company.

If you don't want to be in the situation where you own the "rights" and plan not to do anything about it, then sell the mother shares before the ex-date of the rights issue.

I didn't really get it ...i checking on KPJ annual report on year 2008

AUTHORISED SHARE CAPITAL : RM500,000,000
ISSUED & FULLY PAID-UP CAPITAL : RM209,736,615 less RM620,800 Treasury Shares = RM209,115,815
CLASS OF SHARES : Ordinary Shares of RM1.00 each

So how many outstanding share ? btw, Outstanding share means numbers of share hold by investor right ?

Then that's RM209,736,615/RM1.00 = 209,736,615 share.
But they should have share split later, then x2; and bonus 1:4 after split, then x5/4 after that.
Final 524,341,537 share (assumed no exercise of warrant or ESOS or whatsoever).

Thanks Htt !!

is that a chance to read value on the annual report instead of manual calculate it ?

Depends, some companies did mention about that, but not all.

Thanks Htt

Good morning everyone.
May I know where can we get the companies latest quarterly report?
Thanks

Best source is the Bursa website.

Look under Listed Companies>Company Announcements>Current

This post has been edited by skiddtrader: Feb 11 2010, 10:42 AM

which are the current good unit trust to purchase now?

i'm new to this, any advise would really be appreciated. where do i start, where can i do my research... wad should i do now?

thanks

Read this:-

http://forum.lowyat.net/topic/690951/+620

may i know how to sell 80 unit of share(possible?)? i get my 80 unit of share from share dividend.

rgds

Call your remiser.

must call remiser ah? online sell cant?
Thanks:)


This post has been edited by motorhead: Feb 17 2010, 01:31 PM

Most of the platform cannot, I know POEMS S'pore can, maybe you check Philips Securities Malaysia loh, if not worth much, just leave it there loh, chances are the brokerage will eat up quite significantly on it if not worth much.

Got 1 Q. to ask..:
lets say if i buy 1000 unit of share 1.30 price, then got 2 bonus share for every 5 existing share. then the 400unit bonus share price is refer to what i buy (1.30)? or RM0.1? in order to average up my 1400 unit share.

hope av1 can understand~


"Bonus issue of up to 568,340,416 new ordinary shares of RM0.10 each (“Shares”) in Dialog Group Berhad (“Dialog” or the “Company”) (“Bonus Shares”) to be credited as fully paid-up on the basis of two (2) Bonus Shares for every five (5) existing Shares held in the Company as at 5.00 p.m. on 12 February 2010 (“Entitlement Date”)"



This post has been edited by motorhead: Feb 19 2010, 03:09 PM

Av Price = 1000/1400*RM1.30 = RM0.93 (approx).
Ignore the par value (RM0.10), that just don't mean anything.

3786 MAS MALAYSIAN AIRLINE SYSTEM BHD
MAS - NOTICE OF RIGHTS ENTITLEMENT

LISTING'S CIRCULAR NO. L/Q : 55922 OF 2010
RENOUNCEABLE RIGHTS ISSUE OF NEW ORDINARY SHARES OF RM1.00 EACH IN MALAYSIAN
AIRLINE SYSTEM BERHAD ("MAS") (RIGHTS SHARES) AT AN ISSUE PRICE OF RM1.60 PER
RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY ONE (1) EXISTING
ORDINARY SHARE OF RM1.00 EACH HELD IN MAS AS AT 5.00 P.M. ON 10 FEBRUARY 2010
("RIGHTS ISSUE").
Kindly be advised of the following :
1) The Rights commence of trading : [ 11 February 2010 ]
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of
Offer :
[ 12 February 2010 ]
3) The last day and time for Acceptance, Renunciation and Payment :
[ 3 March 2010 @ 5:00pm ]
4) The Rights cease quotation : [ 23 February 2010 ]
The Stock Short Name, Number and ISIN Code [ MAS-OR, 3786OR and MYL3786OR003 ]
respectively.
MANAGER, SEC. MARKET


Hi there. This is MAS-OR and i am learning how to view it.
I am confused with this. So this OR expire at 10 Feb or 23 Feb? (When will it become toilet paper?)
And if purchase this, then want to subscribe to mother share, need to make payment before 3 March, do i get it right?
How to make payment by the way?
Thanks

February 23rd 2010, the rights will no longer be listed in the Bursa system. Meaning you can't sell or buy anymore from the market. Thus this coming Monday the 22nd of Feb will be the last day of trading.

Any MAS-OR you hold can then be subscribed/exercised by filling up a form and paying the appropriate amount according to how many shares you are subscribing. This form needs to reach their arranger by March 3rd.

If by March 3rd, you still hold MAS-OR and didn't do anything about it, then it is considered toilet paper. Normally you have to fill up a form which will be delivered to you IF you were originally a MAS shareholder. However if you bought MAS-OR from the market, you must get the form yourself. Ask your broker about this. Payment is normally by bankers cheque. Follow the instructions on the form.

There's one question I want to ask for rights issue. If those with OR didn't exercise it in time or choose not to exercise, what happen to those ORs. Will MAS just choose to raise convert those that has accepted eventhough it will not hit their target ? Is it possible for them to abort the rights issue ? e.g. plunging share price causes the exercise not to be worth it for some people. ( Apologies - Not meant to give nightmares to MAS holders)

If the OR not exercised, then those shareholders who apply for excess unit will get their excess unit applied. If excess units allotted and not fulfilling the right issue, then the underwriter will makan, if no underwriter, then the right issue will lapse if failed to meet the minimum requirement by the issuer. For MAS case, think there is underwritten (think only, I no interest, don't bother to find out also) So basically, your dream won't come true for MAS...