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If you sell ur LR now in the market before expired. it's free
Its rights by airasia for us to subscribe the LR at a lower than market price ( up to now).
One of the reason why airasia drop so much recently, because not everyone like to subscribe because you need to pay more money in a same company. Which airasia need more fund to run their business by asking more from existing shareholder
Lr is the right for subscribe 0.75 shares and free warranty... The rights is for those who hold stock Dec 2, those who want subscribe can buy more or keep hold, those don't want, can sell the right to others.
In Tricor there is no of securities which I think is the share I hold, right securities provisionally allotted should be the LR. So the rcuid I can buy is share amount + LR? Or LR only
U got mother share u will automatic have LR to
Subscribe if u want more can buy from market
8% dividend and can change to mother share for 1:1
Seems like good deal cheers and invest wisely !
If u buy the LR only is no use it will expire in less than two weeks and become 0.u buy the LR to subscribe to the loan stock it's like RI but this is airasia loaning money from u they give u interest for that
Thank you JQ for good explanation. Then I guess I'm not going to subscribe anymore, just leave it. But going to sell the mother share as well, not worth it n risky
JQ my friend said he had sold the mother share but still have LR for him. Can He subscribe the RI from investment counter? It's sound like a good deal. $><$ xdxd money face
