WHY I BUY?
Plan to leverage on the 32% discount.
Refer table below:
Source: http://www.nanyang.com/node/650854?tid=880
WHAT ACCOUNT THAT I USE TO BUY?
NOMINEE account, I no need to go and buy the stamp duty, they settle everything for me.
How much they charge?
Only RM 12 nia, so cheap.
After convert LR to LA, I will convert to IBHD mother.
As long as IBHD didn't drop to 0.755, else I will loss KAW KAW.
Now pray hard that, I can eat BURGER KAW KAW rather than LOSS KAW KAW.
If you are not nominee account, you should:
1) Go and buy banker cheque from Bank and made payable to 'I-BERHAD OFS ACCOUNT' for acceptance. Amount = No. of LR X RM0.50.
2) Buy another banker cheque if wish to apply excess (try luck if you wish. Not compulsory). Cheque shall be made payable to 'I-BERHAD EXCESS OFS ACCOUNT'. Amount = Excess shares applied X RM0.50
3) Complete the form + signature + attached the above 2 cheques;
4) Send the form to Share Registrar, Tricor Investor Services SB of Level 17, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra 59200 KL on or before 30/9/2014 5pm.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1738657
O & F form:
http://announcements.bursamalaysia.com/EDMS/subweb.nsf/all/D39984028C12795A48257D51000DB3F7/$File/NPO%20&%20OAF%20Form.pdf
2 comments
what is the impact on IBHD Bonus issue?
http://politemarket.blogspot.com/2014/09/dear-ibhd-lr.html
already guess is you, when I see your post on your blog.
My cost is 0.755
Post bonus issue is 0.925
I still hv 0.17 cents buffer as margin of safety,
If worst come to worst keep it as long term.