Quote:
Originally Posted by yang2005
Any one more update about Bank PHB allotment? Will Bank PHB release close to year end financial result? Will new investors benefit from any bonus or dividend?
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I have to answer the first part of the question negatively, viz: that I do not have any update about the allotment. Concerning other questions, the bank cannot afford to delay release of of allotment results till close to year-end financial result, which, initially was to be end-June 2008 but which, due to the need to adopt end-December uniform accounting year, will now have to be shifted to end-December 2008 when 18-month result will be released (say, by March 2009). Release of allotment results (which we should expect by April-end 2008) cannot be delayed till March 2009, obviously. Second, the offer prospectus makes subscribers entitled to any dividend or bonus that might be delared after 19 December 2007, when the offer closed.