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EXCHANGE RATE PREDICTION: 2022

Big demand for additionals on JKH rights issue Vote_lcap11%Big demand for additionals on JKH rights issue Vote_rcap 11% [ 21 ]
Big demand for additionals on JKH rights issue Vote_lcap20%Big demand for additionals on JKH rights issue Vote_rcap 20% [ 38 ]
Big demand for additionals on JKH rights issue Vote_lcap29%Big demand for additionals on JKH rights issue Vote_rcap 29% [ 55 ]
Big demand for additionals on JKH rights issue Vote_lcap40%Big demand for additionals on JKH rights issue Vote_rcap 40% [ 76 ]

Total Votes : 190

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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Big demand for additionals on JKH rights issue

Big demand for additionals on JKH rights issue

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K.Haputantri

K.Haputantri
Co-Admin

Big demand for additionals on JKH rights issue
November 2, 2013, 6:22 pm
The Island

There had been a heavy demand for additional shares on the recently concluded JKH rights/warrants share issue with Kazanah, the Malaysian investor, and some other institutions applying for large quantities, well informed sources said.

About one to two percent of the issue not subscribed by shareholders to whom the allotments were made will now be granted on a pro rata basis to the many who made cash-backed applications for additional shares over an above their entitlements.That means that the number of additionals granted would be a proportion of the shares already held by such shareholders. JKH normally makes additional allotments on this pro rata basis.

Analysts expect allotments to be finalized this week.

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

 Re: CINV - GUAR capital requirment for JKH Rights
Big demand for additionals on JKH rights issue Empty by slstock on Thu Aug 29, 2013 6:24 pm

The Alchemist wrote:[
I have this nagging feeling that this entire Rights Issue is unofficially underwritten by a foreign / sovereign / strategic type Investor. Perhaps the Rights Issue is to pacify other large shareholders who may have grumbled about dilution if it was placed privately. 


Real food for throught ;-). Saw some news items about a private placement before. 

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Could we see the allotted number of shares in respective CSD accounts on the first trading day of the second week of this month?

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