CH Low's comment on TAGHILL. All Comments
CH Low
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Siab plans a rights issue of 13 shares for every 10 held, plus 1 warrant per 2 rights shares, at 12.0 cents each(conversion price fixed at 20.0 cents). Aiming to raise RM91.98 million, funds will mainly acquire Taghill Sdn. Bhd. for RM96 million, with the remaining RM12 million funded internally. If investing for long term, subscribing is a no brainer move
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4 months · translate ·
Zikri Hafiq
That's interesting. Worth to give it a try
Like · 3 months · translate
Daniel Loh
i received the prospectus but not sure how to interprete it. if i do nothing, whats the outcome to my SIAB holdongs?
Like · 3 months · translate
Teh Yi Hao
SIAB will issue 13 new shares for every 10 existing shares at RM0.120 each. For every 2 shares subscribed, you'll get 1 free warrant. For example with 10k shares:

-Original SIAB shares: 10k
-New shares you can subscribe: 13k
-Cost: RM1560 (13k shares * RM0.120)
-Total new SIAB shares: 23k
-Free warrants: 6.5k

To convert these warrants to mother shares, the price is RM0.200. So, the stock price must exceed RM0.200 for the maximum warrant holder to profit.
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Like · 3 months · translate
Andrew Ho
@Daniel Loh. Your number of shares remains, but the share price may drop due to rights issue adjustments
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