Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
Alam Maritim's group managing director and group CEO and major shareholder Datuk Azmi Ahmad and indirect major shareholder Datuk Aloysius Albert Michael have undertaken to subscribe in full their entitlement of rights shares and any additional rights shares that are not taken up by shareholders.
Bro LEE, if you want to subscribe right issues, you've to own - OR either you buy it on market in case you're not a shareholder, or you get it free if you already a shareholder. Price of -OR depends on market and not fix.
You can sell your -OR if you don't want to subscribe. If you don't want to sell -OR and don't want to subscribe, it's not more than tissue paper for your -OR since the lifespan for -OR only few days.
This type of issue allows shareholders to either subscribe to the new shares at 0.12 or sell their -OR to others who may want to subscribe. As per price today, - OR price should be around 0.12-0.135.. Hahaha...
