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Sembcorp Ind
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2 Bonus shares to 5 Ordinary Sharees
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shplayer
Elite |
04-Aug-2007 18:51
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SCI 2Q07 due out on Tue 7 Aug. Wonder if the parent company will also issue bonus shares. |
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mediacraze
Member |
03-Aug-2007 11:35
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Hi tiandi, Thanks for the reply. Hi hlayar, It Semb Corp Marine proposing. Announce in their recent announcement. me still vested..... |
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tiandi
Senior |
03-Aug-2007 11:25
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mediacraze Q: Does it something like this 1 lot = 1000 shares, and with 2 bonus shares to 5 shares Therefore 1 lot = 1400 shares? hmm......?? A: yes, so 1000x5.35=5350, 1400x3.821=5350.. |
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hlayar
Senior |
03-Aug-2007 10:29
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Hi Hi everyone! Is it SemCorp or SemCorpMarine that is proposing bonus issue? |
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mediacraze
Member |
03-Aug-2007 09:33
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Thank you Elfinchilde. Does it something like this 1 lot = 1000 shares, and with 2 bonus shares to 5 shares Therefore 1 lot = 1400 shares? hmm......?? |
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elfinchilde
Elite |
03-Aug-2007 09:20
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means you'll get 2 shares for every 5 that you own; but share px will dilute due to increased share cap. so from today's px of 5.35, you can expect SCI to be rerated to abt 3.82. they're prob doing it to make it more affordable to investors. |
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mediacraze
Member |
03-Aug-2007 09:00
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Will comeone explain how this work... ".....the Company is proposing a bonus issue of new ordinary shares in the captial of the Company ("Bonus Shares") on the basis of two (2) Bonus Shares credited as fully paid for every five (5) existing ordinary shares held by the shareholders......" thank you |
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