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Shariah

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Joined Sep 2017


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STOCK: EG (8907)

Blog 08 Sep 2017, 11:59:44 PM

Hi. EGIB's recent RCPS is at RM0.95 & on 1:4 basis plus a bonus issue against the RCPS on 1:1 basis. The RCPS ranks equal to existing shares except that its not be entitled to any dividends, rights, allotments and/or other distributions which may be declared, made or paid to the shareholders. 

As I'm new to such type of shares exercise, can anyone help explain the pros and cons of the above? Your kind clarification is very much appreciated.


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