Need Help KAPI Right

aiyosalli · 1 Need Help KAPI Right Mon Jan 26, 2015 9:43 am

aiyosalli

Manager - Equity Analytics

Posts : 218
Equity Stars : 4777
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Join date : 2012-09-15
Location : Colombo

Please any one acknowledge me ragarding following...

I purchase KAPI rights but coudnt execise on the due date.now the portfolio says it has no market value.What happen now for the money invested in purchasing rights....

lokka1 · 2 Kapi Rights Mon Jan 26, 2015 4:20 pm

lokka1

Manager - Equity Analytics

Posts : 132
Equity Stars : 5279
Reputation : 8
Join date : 2011-02-16

I am sorry to let you know that you have lost this money used to purchase the Kapi rights. Your broker should have asked for the money to convert the rights at Rs.45/- per each right on the January 22nd.
Lokka1

lokka1 · 3 Kapi Rights Mon Jan 26, 2015 4:22 pm

lokka1

Manager - Equity Analytics

Posts : 132
Equity Stars : 5279
Reputation : 8
Join date : 2011-02-16

I am sorry to let you know that you have lost this money used to purchase the Kapi rights. Your broker should have asked for the money to convert the rights at Rs.45/- per each right on the January 22nd.
Lokka1