Finally, long awaited Pantech's bonus issue ex-date has been announced.
BONUS ISSUE:
ONE (1) BONUS SHARE FOR EVERY FIVE (5) EXISTING ORDINARY SHARES
ICULS:
TWO (2) ICULS FOR EVERY ONE (1) EXISTING PANTECH SHARE HELD
WARRANTS:
FREE DETACHABLE WARRANTS (“WARRANTS”) ON THE BASIS OF ONE (1) WARRANT FOR EVERY TEN (10) ICULS SUBSCRIBED FOR (“RIGHTS ISSUE”).
Currently, if you hold 5000 Pantech shares. You will have :-
PANTECH = 1000 + 5000 = 6000 shares
ICULS = 2 x 5000 = 10,000 units (pays RM1000)
WARRANTS = 1000 units (free)
Will you exercise the offered option or sell before ex-date on 24/11/10?
Friday, November 12, 2010
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