I am in the same boat with you...how does this stuff works eh?

Renounceable offer for sale by TIME Engineering Berhad (“TEB”) of up to 626,181,720 ordinary shares of RM1.00 each in TIME dotCom Berhad (“TdC”) representing its entire equity interest in TdC (“Offer Shares”) at an offer price of RM0.53 per offer share reflecting a discount of thirty three point seventy five percent (33.75%) to the five (5)–day volume weighted average market price up to 17 June 2011, being the day prior to the price-fixing date, on the basis of eight (8) offer shares for every ten (10) ordinary shares of RM0.20 each in TEB held as at 5.00 p.m. on 5 July 2011 (“OFS”).

does that means if I sold mine today i won't be entitle for the rights?

If I can remember correctly..the price was adjusted on the same very date of the x-date. If let say if I would've bought time on the 1st july before 5pm...I will be also entitle rite? plus I would not incurred any loss due to the price adjustments on the opening of 1st july...can you advice me on this?

This post has been edited by muxx: Jul 5 2011, 06:08 AM