Tan Siew Eng's comment on GOCEAN. All Comments
Tan Siew Eng
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right issue is 2:1 ?
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3 years · translate ·
Nick Loh
2:1 meaning- if let say you’re holding 10,000 units, so you entitlement for rights issue of 10,000 X 2, meanwhile “1” will be the free warrant you entitle after you subscribe the right issue. Correct me if I’m wrong
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Jack Lim
subscribe right issue, u still need to pay 0.1/ share right?
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Chow Khong Tic
Should be 3:2 right?
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Jack Lim
is 2:1, means if u subscribe this, u need pay 0.1/share , then total u will have 3 lots + free warrant
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Chow Khong Tic
So mean if subscribe then will get 3 lots warrants based on 2 share holding now, right?
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Tan Siew Eng
if have 20000 share, how to calculate
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Jack Lim
let me put this example
if you have 20000 share means equal to 20lots.

so u need to pay 0.1*20=rm2k to subscribe.

end up you will have 60000 share with 15000 free warrant.

free 3 warrant if you have 4 share existing owned.
correct me if I'm wrong.
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Chow Khong Tic
May I know after invest 2k provided have 20000 shares, what I will get?

Warrant only or with share too?
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Jack Lim
yes. mean if u have 20000share, and u subscribe for this,
total u will have 60000sharr+15000warrant
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Chow Khong Tic
Thanks, with or without my original 20000 shares?
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Jack Lim
with your original share will be 60000
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