I dont understand as an existing SH
Sorry, too many profound terms used in the annoucement. What do I need to do here? Do I automatically get 29 pref shares at $1.025 each for every 1000 share I have?
What is rights issue?
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101489545我是谁 : Agree. btw, why use the term stapled securities? Is it referring to Ascott shares?
TLim77 : You don't get it for free. U are entitled to buy at the listed price. Those holding the shares under Moomoo and have commission free trades, can just buy at $1.02 from the market instead of subscribing to the PO.
102312933 OP TLim77 : I bought under SCB and it says no action required
TLim77 102312933 OP : Optional whether U want to take this opportunity to add more shares. If current market share price drops below their offer price, then can just buy from the market. Could have share dilution if don't buy also since the no of their shares increase.