Thursday, 6 September 2012

OSKPROP Rights Shares Credited


OSKPROP Rights Shares Credited

Yeah... I got my first rights issues subscription for OSKPROP. Today I checked my Hong Leong ebroking account,  under Portfolio Enquiry, noticed that my rights shares subscribed previously has been credited. It entitled together with the bonus shares and warrants OSKPROP-WC. Referring this link for how to subscribe the rights issues How to Subscribe the Rights Issues

One day before, company has released the following announcement:

OSKPROP-I. RENOUNCEABLE RIGHTS ISSUE OF 18,744,703 NEW ORDINARY SHARES OF RM1.00 EACH IN OSKPROP ("OSKPROP SHARES") ("RIGHTS SHARE(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TEN (10) EXISTING OSKPROP SHARES HELD TOGETHER WITH 56,234,109 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF THREE (3) FREE WARRANTS FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED FOR ("RIGHTS ISSUE WITH WARRANTS"); II. BONUS ISSUE OF 37,489,406 OSKPROP SHARES TO BE CREDITED AS FULLY PAID-UP ("BONUS SHARE(S)") ON THE BASIS OF TWO (2) NEW OSKPROP SHARES FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED BY THE EXISTING SHAREHOLDERS OF OSKPROP AND/ OR THEIR RENOUNCEE(S) PURSUANT TO THE RIGHTS ISSUE WITH WARRANTS ("BONUS ISSUE"); AND III. RESTRICTED ISSUE OF 49,926,258 NEW WARRANTS IN OSKPROP TO THE HOLDERS OF UNEXERCISED 2007/ 2012 WARRANT B ("WARRANT B") ON THE BASIS OF ONE (1) NEW WARRANT FOR EVERY ONE (1) EXISTING WARRANT B HELD ("RESTRICTED ISSUE OF WARRANTS")


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