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Bonus issue of up to 93,753,102 new ordinary shares in Homeritz Corporation Berhad ("Homeritz") ("Bonus Shares") on the basis of 1 Bonus Share for every 4 existing ordinary shares held in Homeritz at 5.00 p.m. on 15 December 2020 ("Entitlement Date")
It means on 15 December? Sorry for raising so many question ;D
Nvm, it actually means that ex date is when the price will be adjusted and entitlement date is when the bonus will be credited into shareholders' account who bought before ex date
I. for example you bought it 40lot at price RM 1.00 before 14 Dec and in morning 14 Dec u will see ur portfolio that in this share you make a loss of -860 but actually it is not a loss because the bonus share has not been credited into your account and after the entitlement date based on the announcement,
your account will be automatically credited another 10lot of bonus share so your average price will be adjusted accordingly in the end you will be holding 50lot of mother share
2.for those who bought it on Monday their cost is about 700++ 1 lot because the price for newbie is like discounted so it is not the same.