CD of 7.9 cents XD 8 Nov.
Current price of $3.17.
I think price may correct lower towards 3.09 - $3.11 range once trading lifted on Monday 4 th Nov 2019.
2 strategy here for AR. When it starts trading
1.nibble a bit at 3.10, subscribe for the rights.
2. Or buy the rights when it start trading from 14 - 22 Nov.
Not a call to buy or sell.
Pls dyodd.
The timetable for the Rights Issue is set out below.
Event Date and Time
Last day of “cum-rights” trading for the Rights Issue : 7 November 2019
First day of “ex-rights” trading for the Rights Issue : 8 November 2019
Rights Issue Books Closure Date : 11 November 2019 at 5.00 p.m.
Despatch of this Offer Information Statement (together
with the application forms) to Eligible Unitholders
: 14 November 2019
Commencement of trading of Rights Entitlements : 14 November 2019
Last date and time of splitting and trading of Rights
Entitlements
: 22 November 2019
Closing Date:
Last date and time for acceptance of the Rights
Entitlements and payment for Rights Units(1)
: 28 November 2019 at 5.00 p.m.(2)
(9.30 p.m. for Electronic Applications
through ATMs of Participating Banks)
Last date and time for application and payment for
Excess Rights Units(1)
: 28 November 2019 at 5.00 p.m.(2)
(9.30 p.m. for Electronic Applications
through ATMs of Participating Banks)
Last date and time for acceptance of and payment
by the renouncee(1)
: 28 November 2019 at 5.00 p.m.(3)
Expected date for crediting of Rights Units : 6 December 2019
Expected date for commencement of trading of Rights
Units on the SGX-ST
: 6 December 2019
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