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Hot Stock iDimension bonus warrants jump 300% on maiden trade
by Cals Wed 22 Jul 2015, 17:20
Hot Stock
iDimension bonus warrants jump 300% on maiden trade
KUALA LUMPUR (July 22): IDimension Consolidated Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) warrants jumped three sen to settle at four sen and became the most actively-traded entity on Bursa Malaysia. The warrants have an indicative issue price of one sen each.
At 12:30 pm, iDimension (fundamental: 1.45; valuation: 0.3), which offers IT solutions for the manufacturing sector, saw around 40 million warrants having changed hands.
iDimension's bonus issue involves up to 247.46 million warrants on the basis of one warrant for every two existing shares held.
Warrant holders can convert the units into iDimension shares, within five years on a one-for-one basis.
Today, iDimension shares were also actively transacted. The shares became the fifth most-active stock, with around 22 million units traded.
The shares settled flat at 11.5 sen.
[size=12](Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)[/size]
iDimension bonus warrants jump 300% on maiden trade
KUALA LUMPUR (July 22): IDimension Consolidated Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) warrants jumped three sen to settle at four sen and became the most actively-traded entity on Bursa Malaysia. The warrants have an indicative issue price of one sen each.
At 12:30 pm, iDimension (fundamental: 1.45; valuation: 0.3), which offers IT solutions for the manufacturing sector, saw around 40 million warrants having changed hands.
iDimension's bonus issue involves up to 247.46 million warrants on the basis of one warrant for every two existing shares held.
Warrant holders can convert the units into iDimension shares, within five years on a one-for-one basis.
Today, iDimension shares were also actively transacted. The shares became the fifth most-active stock, with around 22 million units traded.
The shares settled flat at 11.5 sen.
[size=12](Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)[/size]
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