Friday, September 18, 2009

Calculating Ex-Rights Price For Gentng SP ...

1 for 5 @ SGD0.800.

5000 Existing shares at SGD1.09 = SGD5450.00
1000 new shares at SGD0.800 = SGD800.00
Value of 6000 shares = SGD6250

Ex-Rights Value per share = SGD1.042 (SGD6250/6000 shares)

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