QUOTE(BlaBlaBoy @ Nov 20 2009, 08:00 PM)
Today is not the last day.. Some said 2nd of Dec and some said 24th of Nov.. I'm also not clear
23rd Nov is the last day for the trading of scomi-lr.
2nd Dec is the last day for acceptance & payment
say u have 1000 units of scomi. u r entitled to 1500 units of scomi lr which you can sell in the market.
as of today the price is 0.02 sen..so if you sell, u will get 1500*0.02 = RM30 minus brokerage.
u have up to 23rd nov(next monday) to sell your scomi-lr.
after 23rd nov, if you have not sell your rights, that means you choose to pick up the icsls(irredeemable convertible secured loan stocks).
if you pick up, u need to pay RM150 and you get 1500 units of iclsls and 200 units of free warrants.
last day is 2nd dec 5pm for your application to reach them.
if you do none of the above, that means u just let the rights burn and u get nothing.