Post Reply
1-20 of 28
Touched 35, Next Week Likely Maintain Around Rights Issue Price.
https://links.sgx.com/FileOpen/BJCG%20-%20Announcement%20of%20Record%20Date%20-%20Rights%20Issue%20-%2018%20Jan%202024.ashx?App=Announcement& FileID=783300
2. NOTICE OF RECORD DATE
2.1. NOTICE IS HEREBY GIVEN that the register of Shareholders and the register of share transfers of the Company will be closed at 5.00 p.m. (Singapore time) on 26 January 2024 (the &ldquo Record Date&rdquo ) for the purpose of determining the provisional allotments of Rights Shares with 2023 Warrants of the Entitled Shareholders under the Rights Cum Warrants Issue.
2.2. The Shares will trade on a &ldquo cum-rights&rdquo basis on the Catalist of the SGX-ST up to 5:00 p.m. (Singapore time) on 24 January 2024. The Shares will trade on an " ex-rights" basis from 9:00 a.m. (Singapore time) on 25 January 2024 and any person who purchases Shares on and from 25 January 2024 will not be entitled to any provisional allotment of Rights Shares with 2023 Warrants under the Rights Cum Warrants Issue.
2.1. NOTICE IS HEREBY GIVEN that the register of Shareholders and the register of share transfers of the Company will be closed at 5.00 p.m. (Singapore time) on 26 January 2024 (the &ldquo Record Date&rdquo ) for the purpose of determining the provisional allotments of Rights Shares with 2023 Warrants of the Entitled Shareholders under the Rights Cum Warrants Issue.
2.2. The Shares will trade on a &ldquo cum-rights&rdquo basis on the Catalist of the SGX-ST up to 5:00 p.m. (Singapore time) on 24 January 2024. The Shares will trade on an " ex-rights" basis from 9:00 a.m. (Singapore time) on 25 January 2024 and any person who purchases Shares on and from 25 January 2024 will not be entitled to any provisional allotment of Rights Shares with 2023 Warrants under the Rights Cum Warrants Issue.
Management Proposed 1 Rights Share for 3 Shares @ 3.5cents cum 1 Rights Warrant (@ 5.1 cents Exercised Price) for every Rights Subscribed.
Should see share price push back to 3.5 cents before Rights Issue.
Should see share price push back to 3.5 cents before Rights Issue.