"The chart above shows that Hengyuan shot up from Rm 4 to above Rm 7 in the last 6 weeks. To make money, CIMB has issued 150 million Call Warrants with the exercise price of Rm 4.75 and conversion ratio of 5:1=Rm 23.75. That is why CIMB is depressing Hengyuan share price as much as possible."
Uncke, perhaps you can enlighten us how CIMB can depress share price of HY? And if CIMB can really do that, then anyone can also do it, right?
On Saturday evening, N12 reported that Dr. Dorit Nitzan, emergency manager to the World Health Organization in Europe, shared data showing that the Omicron sub-variant of concern, BA.2, was three times more contagious than the original Omicron variant, which itself is the most contagious variant seen to date.
1. In the list, only COVID-19 is infectious. Meaning, no matter what you do, you might get it if you are exposure to others who have COVID-19. The other death are personal exposure/risk/habit. 2. The reason why COVID-19 death is lower is because we have yet to return to normal lifestyle.
So for every 1000 IGBB shares (assuming I bought it at RM2,800 prior to ex-date), I can buy 400 IGBREIT shares (by paying RM400). And by buying the 400 IGBREIT, I will get another 600 IGBREIT shares for free.
So my total cost is RM3,200
Effectively, I will end up with a) 1000 IGBB shares (now valued at RM2.100) b) 1000 IGBB REIT shares (now valued at RM1,700)
My total market value is now RM3,800. So I gained about 15% from this corporate action???
Sorry, need to ask about the corporate action again. As a shareholder of IGBB, what do I need to do to accept the offer? Do I have to fill up any form to subscribe and pay for the shares offered to me?
Can someone explain to me what the below mean? Sorry, trying to learn here.
RESTRICTED OFFERING OF UP TO 945,000,132 UNITS IN IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST ("IGB COMMERCIAL REIT") ("UNITS") COMPRISING: (A) RESTRICTED OFFER FOR SALE OF UP TO 378,000,053 UNITS ("ROFS UNITS") ON A NON-RENOUNCEABLE BASIS TO ENTITLED SHAREHOLDERS OF IGB BERHAD ("IGB") ON THE BASIS OF TWO (2) ROFS UNITS FOR EVERY FIVE (5) ORDINARY SHARES IN IGB HELD ON THE ENTITLEMENT DATE AT THE PRICE OF RM1.00 PER ROFS UNIT; AND (B) DISTRIBUTION-IN-SPECIE OF UP TO 567,000,079 UNITS ("DIS UNITS") TO BE DISTRIBUTED ONLY TO ENTITLED SHAREHOLDERS OF IGB WHO HAVE SUBSCRIBED FOR THEIR ENTITLEMENTS TO THE ROFS UNITS ON THE BASIS OF THREE (3) DIS UNITS FOR EVERY TWO (2) ROFS UNITS SUBSCRIBED, ("RESTRICTED OFFERING").
If local not happy with the employer (any employer, not just the BIG 4) then just dont work for them lah.
Some say why company nakenso much money but employee not rewarded? Firstly, they are employee who agreed to work with the agreed salary. Secondly, if company lose money, will employee help to pay for the loses?
What so great about bonus issue??? It is like i take away ONE RM10 note from you and in return I give you TWO RM5 note.
Seems like KYY article alone can gv huge impact on the share price lol. Once he said the share a lame duck and had sold all, everyone become skeptical and nobody dare to buy-in even BI ex-date approaching
I'm not trying to say price will go up or down. Just want to clarify your statement below
Generally if private placement price is much lower than market value (as in this case) it means either 1. The subscriber of the new shares are buying at a discount - hence not fair to the company or shareholder OR 2. The current market price is overvalued.
Richmore Of course private placement price will differ .. its between them. But actual mkt doesnt follow it.