Intraday means you buy and sell the same stock the same day (ie buy in the morning and sell in the afternoon) brokerage will be lesser

Mr X has T+3 for settlement, if you read further down the announcement that you extracted, its says that bonus shares will be credited on 31/1/12 which is on T+3 should Mr X sells on 26/1/12. So its still have 20lots on settlement date.

If sell 2 times but within the same day, still consider one contract and pay only once for brokerage. If it staggered 2 days then 2 times brokerage.

If sales proceeds more than the minimum brokerage charged then damage is minimal. For eg(max brok) if min brok is RM40 and brokerage is 0.6%, so if your sales proceeds is more than Rm6,667 (Rm6667*0.6%)=RM40.
If proceeds leass than 6,667, brok is still RM40

call the registrar and get a replacement

if you buy on diffent days, u will lose out on the brokerage as there is a minimum charge per stock per day, it would be advisable to buy 300 at one go to save on brokerage since the amount u buy is small.

For the sale,
1) since you bought 300units (ave RM1) and u sell all 300units at one go(or within the same day), it will offset with all the three purchases.
2) you only sell 100 unit, usually it will automatically offset the first one that u bought (ie FIFO), however you may also opt to offset with the one which u bought at a lower price ie RM0.80(it is called manual contra) which you must inform your remisier to submit to the stockbroking firm to do the manual contra

As per info provided.

The rights issue will be tradeable for one week in Bursa (stock code-OR) whereby you can sell the rights if you have no intention of going thru the rights issue process and if you intend to subscribe to the rights you must not sell the rights because you need the rights to be eligible for the subsriptio of the rights issue. After a week passed, the rights will no longer tradeable in Bursa. The registrar will send out the application forms to all eligible shareholders for the subscription of the rights issue. you need to fill up the applcation form and buy the bank draft and submit back to registrar. you may also apply for excess of rights issue (for eg say you are entitled for 900shares and you want to apply for excess 100shares to make up to 1000shares) what you need to do is to buy a seperate bank draft for the excess and fill in the excess application form which is given together by the registrar. This excess may or may not be always successful, for unsuccessful applications, the bank draft will be returned to you and you need to cancel the draft with your bank.

yes its RM500, but the next question is whether it is less tax of 25% or tax exempt, if tax exempt,u will get RM500, if less tax = RM375. Your share price of RM1.00 will also be adjusted accordingly ie from RM1.00 adjusted to RM0.50, RM0.50 diff is the dividend paid out.

Meanwhile, tax tax of 25% deducted of RM125, you can claim back while you submit your income tax returns, but if your income tax band is 25% or above, no refund, if tax band below 25% then u will be refunded the difference

[quote=hewtwok,Feb 15 2012, 01:51 PM]
ok thanks for reply.

how to calculate if assuming:
Co declare dividend of 5 sen per ordinary share of 10 sen each

let say i have 1000 shares and market price is RM2


The dividend would be 0.05*1000shares=RM50.00 and the ex share price will be adjusted to RM1.95 (RM2.00-RM0.05)

[quote=hewtwok,Feb 15 2012, 08:54 PM]


The dividend would be 0.05*1000shares=RM50.00 and the ex share price will be adjusted to RM1.95 (RM2.00-RM0.05)

[/quote]

thanks ray.

"dividend 5 sen per ordinary share of 10 sen each"
so the par value indication has no effect on the calculation?

[/quote]
yup because you read properly it says 5sen per ordinary share of 10sen each. As we know the par value is already 10sen and each ordinary share will receive 5sen, therefore 1000shares will earn 1000*5sen=RM50.00

Rights issue is when a company needs additional funds( ie to raise funds), the issue rights issue to existing shareholders (shareholder will have an option whether to take up the offer or dispose the rights in the open market).

Whether it is worthwhile or not is depending what's the purpose of the fund raised for and whether it is worthwhile to take up the offer (at a discount or at a premium)

I think normal is 0.42% but if it is intraday its 0.15%

Not sure but there are a few in Sri Petaling and Kuchai Enterpreneurs park and also in Kajang

---

Added on March 25, 2012, 5:47 pmContra is when u buy a particular stock and sell before you pay for the stock (which is due 3 days after the share is bought). Stockbrokers will settle the amount through SCANS by T+3 morning before 10.00am on T+3 and you in turn settle on T+3 (sometimes T+4, which the stockbroker is paying for you first, that is why there is interest for late payment)

SCANS act as the centre for all settlements. As everyday there were millions of trade change hands (Broker A buys from Broker B. Broker C buys from Broker D.....) so at settlement day all these will be totalled up and all brokers will settle/paid to/from SCANS by 10.00am and by bursa rule settlement should be done to all clients by 12.30pm everyday.

This post has been edited by rayng18: Mar 25 2012, 05:47 PM

yes you need to file for your income tax assessment. As you are a student, do you have already opened an income tax file, if yes just declare and if you have no other income you can get back the 25% tax that was already deducted at source.

First Q is whether you have opened your income tax file?
Secondly the dividend is from which period,if 2011, you need to do it by 30/4/12, if it is from 2012, just wait until next year 30/4/13.

Looking at the nature of KSL business which involve in Properties. The amount for item a and b is huge and it is justifiable that the amount to be capitalised and amortise over a period of time.

I tot those who are subscribing for the rights issue can also apply for excess shares. A seperate application form for applying for the excess shares is attached to the normal rights issue application form to be sent to all shareholders eligible for the rights issue and you need to buy a seperate bank draft for the excess application and this does not necessary guarantee that the excess will be given to you.

yes you will get 2OR for every 5 mother shares andyou will get the warrant if you subcribe for the RI. Price of the warrant has yet to be determined

the ex price for tambun is RM0.56 which already taken into account of the RI and W.
ex price = (5*0.59)+(2*0.50) / (5+2)=0.564 round down to RM0.56
based on closing price of 0.59, value of OR on ex date should be RM0.075 [(0.59-0.56)*5/2]

u mean to buy the mother or the OR, as it is already ex, you will not be entitle for the Rights issue and warrant when you buy now

NO. have to sell from Hwang