L&G OR oh L&G OR

If you have L&G, you will have L&G OR, you need to subscribe with 21 cents to get mother share.

Else After 25 April, you have nothing.

Worth to subscribe?? Provided Mother share don't drop below 24 cents.

Assume 24 cents, buy OR at 2 cents+21 cents = 23 cents cost vs mother 24 cents.

 
L&G - Notice of Rights Entitlement
L&G - Notice of Rights Entitlement
ILC-04042017-00007
Renounceable rights issue of up to 1,914,061,696 new ordinary shares of L&G
("L&G Shares") ("Rights Shares") at an issue price of RM0.21 per Rights Share
on the basis of eight (8) Rights Shares for every five (5) existing L&G Shares
held at 5.00 p.m. on 14 April 2017 based on a minimum subscription level of
820,000,000 Rights Shares ("Rights Issue"). 
Kindly be advised of the following: 
1) The Right commence of trading : 17 Apr 2017 
2) The Date of Despatch
of the Prospectus and Provisional Allotment Letter of Offer : 18 Apr 2017 
3) The last day and time for Acceptance, Renunciation and Payment : 3 May 2017 
4) The Rights cessation quotation : 25 Apr 2017 The Stock Short Name, Number and
ISIN Code L&G-OR, 3174OR and MYL3174OR002 Remarks: With the declaration of
public holiday on 24 April 2017, the last date and time for acceptance and
payment as well as the last date and time for excess application and payment is
at 5.00 p.m. on 3 May 2017 or such later date and time as the Board of
Directors of L&G may decide and announce not less than two (2) market days
before the stipulated date and time.
MANAGER, SEC. MARKET
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

3174    L&G    LAND & GENERAL BHD
Important Relevant Dates for Renounceable Rights (Amended)
Full Description:

Dispatch Date: 18/04/2017
Trading of Rights Start On: 17/04/2017
Trading of Rights End On: 25/04/2017
Stock Par Value:
Last Day and Time for:
- Sale of Provisional Allotment of Right: 21/04/2017  05:00 PM
- Transfer of Provisional Allotment of Right: 27/04/2017  04:00 PM
- Acceptance and Payment: 03/05/2017  05:00 PM
- Excess Share Application and Payment: 03/05/2017  05:00 PM
Remarks:
With the declaration of public holiday on 24 April 2017, the last date and
time for acceptance and payment as well as the last date and time for excess
application and payment is at 5.00 p.m. on 3 May 2017 or such later date and
time as the Board of Directors of L&G may decide and announce not less than two
(2) market days before the stipulated date and time.This announcement is dated
3 April 2017.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com