sUp3rb0s

Thanks @KennyChia and @wellhandy for the responses! Greatly appreciate them, makes things much clearer :)

sUp3rb0s

Can I clarify something regarding the bonus shares? Do the bonus shares get issued at the same date as dividend's XD?

If so, do these bonus shares be entitled to the dividends as well? According to the NextInsight article, the writer states that these bonus shares indeed are entitled to the dividends. However, in the bonus share announcement, there is a paragraph that states:

"The Bonus Shares will be issued as fully paid, at nil consideration and without
capitalisation of the Company’s reserves. The Bonus Shares, when allotted and
issued, will rank pari passu in all respects with the existing issued Shares and
with each other, except that the Bonus Shares will not be entitled to such
dividends, rights, allotments and other distributions the record date of which falls
before the date of allotment and issue of such Bonus Shares."

Still new, so a little confused about the rules and regulation still.

kennychia

Reply to @sUp3rb0s : Hope this helps! :)

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kennychia

Catalyst occurred sooner than expected, CIMB released their initiation coverage on AEM with a target price of S$2.69 (60% upside). Will be expecting more research houses to begin coverage on AEM in the near term.. https://s3-ap-southeast-1.amazonaws.com/in...

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