
tis counter drop so much
Gd news also no use
Die............
NEWS RELEASE - CHINA ENERSAVE TO SUBSCRIBE FOR 40 MILLION NEW ORDINARY SHARES IN THE CAPITAL OF ASIA POWER
http://info.sgx.com/webcorannc.nsf/37e9d50ee377b2304825735f00233861/40c109b06e6746d7482573d2004c3f9c?OpenDocument
ya man..when is this thing going to move...can't wait anymore...
what happen to this counter??? its not moving
and with the new catalist coming up next year how will it go????
I just checked with my CDP statement. I have total of 297 lots. Originally, I have 210 lots. I applied for my entitlement of 64 lots plus excess of 36 lots. I am only granted 23 lots of the excess applied. So it all tallied up to 297 lots. No mistake.
I still rememeber how recently it is that I played this counter @ .185...
Wow.. with hindsight... without a cut-loss habit, I wonder how I was going to survive this market fall !!!...
Now to buy up some cheaply...
Further to the announcements made by China Enersave Limited (the ?Company?) on 19 November 2007 in relation to the Rights Issue, the Board of Directors of the Company is pleased to announce that the Company has allotted and issued 415,435,710 Rights Shares pursuant to the Rights Issue.
The 415,435,710 Rights Shares will be listed and quoted on the Official List of the SGXST and trading of the Rights Shares will commence with effect from 9.00 a.m. on 26 November 2007.
In the case of Entitled Depositors with valid acceptances and successful applications for Excess Rights Shares, CDP will, on or about 23 November 2007, credit the relevant Securities Accounts of the Entitled Depositors with the number of Rights Shares that have been allotted to them. CDP will also send a notification letter to the Entitled Depositors by ordinary post, at their own risk, to their respective mailing addresses in Singapore as maintained by CDP, stating the number of Rights Shares that have been allotted to their respective Securities Accounts.
In the case of Entitled Scripholders with valid acceptances and successful applications of Excess Rights Shares, share certificate(s) representing such number of Rights Shares will be sent by ordinary post, at their own risk, to their respective mailing addresses in Singapore as maintained with the Share Registrar within 10 Market Days of the Closing Date.
ahxing, when you were the entitled shareholder, you are given free or nil-paid Rights in your CDP account so that you can trade on the Rights Trading Period of total 7 days (From 31 Oct 2007 To 9 Nov 2007).
If this number Cenesave R =13400 was there just before 31 Oct, then I would be very sure that was your entitlement , as this is 2 for 5 Rights, that means you were holding 33500 shares on or before the Books Closing Date (26 Oct).
Did you know what was the numbers of Cenesave R in your CDP account on or around 31 oct?
Jean_ng
you may read the document on Application for Excess Rights Shares, it has a statement that read something like below:
"the Excess Rights Shares available will be allocated in such manner as the Directors may, in their absolute discretion, deem fit in the interests of the company. CDP takes no responsibility for any decision that the Directors may take....... The Company reserves the right to refuse any application for Excess Rights Shares, in whole or in part, without addigning any reason whatsoever therefor.."
how come 36 lots excess granted 23 lots. 100 lots excess only granted 2.8 lots????