MTQ Corporation

[Nick]

Hi,

would just like to ask, if i am holding 6 lots for MTQ, would i be disadvantaged as I will only get 1 bonus share, or would i get 1.5 bonus share instead? thanks

If you are holding 6 lots you will get 1.5 lots as bonus shares, so total you will have 7,500 shares.

In no way would you be "disadvantaged".

but selling 500 shares is a problem

I am not certain whether this will take place - but recent companies that issued bonus shares (ARA, Haw Par) had a temporary odd lot trading counter to enable people to sell / buy odd lots for 1 month after the bonus shares are issued.

Alternatively, just increase your shareholding on the last CB date to get the whole number of bonus shares and then dispose of it when it XB the following day. Though there will be transaction cost (and potential capital gain or loss).

(Not Vested)