Question on HANDAL (7253)

i have 5100 shares on it.

recently have propose as below
(i) proposed renounceable rights issue of 60,000,000 new ordinary shares of rm0.50 each in handal (“rights share(s)”) together with 60,000,000 new free detachable warrants (“warrant(s)”) on the basis of two (2) rights shares and two (2) free warrants for every three (3) existing ordinary shares of rm0.50 each in handal (“handal share(s)”) held on an entitlement date to be determined later (“proposed rights issue”);

(ii) proposed bonus issue of 20,000,000 handal shares (“bonus share(s)”) on the basis of one (1) bonus share for every three (3) rights shares subscribed (“proposed bonus issue”);

my question as below:
from (i) the result i will get 3400 rights share and 3400 warrant

from (ii) to avoid odd lot i need to sell 100 rights share then i subscribe 3300 right share to get 1100 bonus share.

final result: 9500share 3400 warrant

any sifu can tell me, my calculation correct?

This post has been edited by amendfate: Dec 5 2010, 09:31 PM