On behalf of the Board of Directors of BHB, Bank Islam wishes to announce that as at 18 October 2013, the Company has successfully procured the purchase of an aggregate amount of USD550,000,000 pursuant to a Foreign Exchange Forward Contract (as defined below) at a weighted average exchange rate of USD 1 = RM3.2338.

http://www.bursamalaysia.com/market/listed...cements/1437705

On behalf of the Board of Directors of BHB, Bank Islam Malaysia Berhad (“Bank Islam”) wishes to announce that the Board has fixed the price of the securities to be issued pursuant to the Rights Issue with Warrants as follows:-



(a) the issue price of the Rights Shares has been fixed at RM4.25 per Rights Share; and

(b) the exercise price of the Warrants has been fixed at RM4.72 per Warrant.


For information purposes, the issue price of RM4.25 per Rights Share represents a discount of approximately 9.96% to the theoretical ex-rights price (“TERP”) of RM4.72 based on the five (5)-day volume weighted average market price (“VWAP”) of BHB Shares up to and including 18 October 2013 of RM4.9084, being the last market day immediately preceding the price-fixing date.

The exercise price of the Warrants of RM4.72 is based on the TERP.

This announcement is dated 21 October 2013.

Maybank recommend Hold with TP @ 4.80

RENOUNCEABLE RIGHTS ISSUE OF 426,715,958 NEW ORDINARY SHARES OF RM1.00 EACH IN BHB (“BHB SHARES”) (“RIGHTS SHARES”) TOGETHER WITH 426,715,958 FREE DETACHABLE WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM4.25 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES TOGETHER WITH TWO (2) WARRANTS FOR EVERY FIVE (5) EXISTING BHB SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("RIGHTS ISSUE WITH WARRANTS")

On behalf of the Board of Directors of BHB, Bank Islam wishes to announce that BHB had on 25 October 2013 executed a Deed Poll constituting the Warrants pursuant to the Rights Issue with Warrants.

This announcement is dated 25 October 2013.

If u hold 5,000 shares now, u will get 2,000 shares + 2,000 warrants under RI

If u buy 1,000 shares now, u will b entitle to subscribe 400 shares + 400 warrants

Bimb-or will start trading on 13/11/2013

Bimb-or will start trading on 13/11/2013
Reference price will b determine based on mother closing price on 12/11/2013

RENOUNCEABLE RIGHTS ISSUE OF 426,715,958 NEW ORDINARY SHARES OF RM1.00 EACH IN BHB (“BHB SHARES”) (“RIGHTS SHARES”) TOGETHER WITH 426,715,958 FREE DETACHABLE WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM4.25 PER RIGHTS SHARE ON THE BASIS OF TWO (2) RIGHTS SHARES TOGETHER WITH TWO (2) WARRANTS FOR EVERY FIVE (5) EXISTING BHB SHARES HELD AS AT 5.00 P.M. ON 12 NOVEMBER 2013 ("RIGHTS ISSUE WITH WARRANTS")

http://www.bursamalaysia.com/market/listed...cements/1456321

Bimb-or at 0.88/0.89 now
Implied value for warrant is around 0.51

Quarterly rpt on consolidated results for the financial period ended 30/9/2013
http://www.bursamalaysia.com/market/listed...cements/1473933

NEWS RELEASE - BIMB HOLDINGS BERHAD'S PBZT FOR 3Q2013 BREACH HALF A BILLION MARK
http://www.bursamalaysia.com/market/listed...cements/1473937

On d way to complete the acquisition of 49% in Bank Islam via RI
http://www.bursamalaysia.com/market/listed...cements/1482117

Just a bit

Did u subscribe RI?

I bot @ 0.67

Went down quite a lot recently

Looks like Bimb-wa kena goreng from 0.605 to 0.87 today

No news
I dunno tomorrow movement
Today volume is 61 mil as compared to 100 mil each for past 2 days

A fundamental counter
Bot warrant @ 0.605 last Fri and sold all today