warranty

ABA offers stock rights to shareholders

Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.

Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.

Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.

More about stock rights after the jump.

Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.

Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.

Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.

More about stock rights after the jump.

Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.

Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.

Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.

More about stock rights after the jump.

Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.

Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.

Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.

More about stock rights after the jump.

Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.

Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.

Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.

More about stock rights after the jump.

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Exercise your Metro Pacific warrants and earn 335%

Metro Pacific Corporation (Stock Code: MPI) announced that its stock warrants acquired through tender offer or purchased in the open market can now be exercised and converted to MPI common shares.

The stock warrants, issued on October 23, 2006, can be converted to MPI common stock at a price of P1.00 per share until December 14.

With MPI’s stock closing at P4.35 on December 12, if you converted those warrants, you are are technically earning P3.35 per share or 335% from the conversion price. That, however, is still gross of associated fees, taxes, and the warrant acquisition cost.

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