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kmarc
post Feb 6 2009, 06:34 PM

The future is here - Cryptocurrencies!
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14,576 posts

Joined: May 2006
From: Sarawak
QUOTE(Crazy88 @ Feb 3 2009, 11:25 AM)
Proposed renounceable rights issue of up to 554,418,350 new ordinary shares of RM0.10 each on the basis of one rights share for every two ordinary shares of RM0.10 each held at an issue price of RM0.30 per rights share.

Above statement I get it from newspaper.But the thing is I'm not very clear bout this.Last time I bought share at 0.345.Is that any bad effect to me?Anyone can explain to me wat is the impact to shareholders?   icon_question.gif
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I'm interested to know too as I'm holding some at 0.34. Anybody? smile.gif

This post has been edited by kmarc: Feb 6 2009, 06:34 PM
kmarc
post Mar 8 2009, 10:32 PM

The future is here - Cryptocurrencies!
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From: Sarawak
Looks like Scomi Group Bhd deferred its application to raise RM120 million via renounceable rights due to the uncertainties in the market..... tomato sauce from "The Edge".....

Edit : Eh.... another article from the same source says that they are concerned about Scomi's proposed one-for-two rights issue of RM554 million shares at 30 cent per share..... rclxub.gif AmResearch has a "Sell" call for this counter.....

This post has been edited by kmarc: Mar 8 2009, 11:25 PM
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