Friday, January 9, 2015

Yoma Rights issue 2015 timeline

Yoma

Some friends are asking about Yoma rights issue, when is the Ex date, how Rights issue works.
Below is the Timeline of Yoma upcoming rights issue, which is going to be on Monday. This mean, if you do not want to get the Rights, you have to sell the share before monday. If not you will be entittle for Nil paid rights

Links to how rights work http://blog.shareinvestor.com/rights-issues-and-open-offers/

What Investors Need To Know About Yoma Strategic Holdings Ltd’s Latest Rights Issue


Indicative Timetable of Key Events of the Rights Issue
Events Date/ Time
Shares trade ex-rights : 12 January 2015 from 9.00 a.m.
Books Closure Date : 14 January 2015 at 5:00 p.m.
Lodgement of Offer Information Statement with the Monetary Authority of Singapore: 16 January 2015

Despatch of Offer Information Statement (together with the application and acceptance form for rights shares and excess rights shares to be issued to entitled shareholders
in respect of their provisional allotments of rights shares
under the Rights Issue) : 19 January 2015
Commencement of trading of “nil-paid” rights : 19 January 2015 from 9.00 a.m.
Last date and time for splitting and trading of “nil-paid” rights : 27 January 2015 at 5.00 p.m.
Last date and time for acceptance and payment of rights shares : 2 February 2015 at 5.00 p.m.
(9.30 pm for Electronic Applications via ATM of Participating Banks)

Last date and time for renunciation of and payment for rights shares : 2 February 2015 at 5.00 p.m.
Last date and time for application and payment of excess rights shares : 2 February 2015 at 5.00 p.m.
(9.30 pm for Electronic Applications via ATM of Participating Banks)

Expected date for issuance and crediting of rights shares : 9 February 2015
Expected date for refund of unsuccessful applications (if made through The Central Depository (Pte) Limited) : 10 February 2015
Expected date for commencement of trading of rights shares : 10 February 2015 from 9.00 a.m.

Full info document
http://infopub.sgx.com/FileOpen/Results%20of%20EGM_6%20Jan%202015.ashx?App=Announcement&FileID=330633
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