I don't think they will give you cash for the bonus shares. In the announcement pdf it say they will give you 1 bonus share for every 25 existing shares you hold. You want can get already sell off in SGX but incur brokerage fees.Re: Latest corp action of bonus shares + equal access offer
My understanding of the bonus issue + share buyback is either accept shares or let then give you cash for the bonus shares portion, is that correct?
This company market cap is only 203.41M but they are floating 1.6 billion shares wow! With these bonus exercise the total shares will get even more. They are doing share buy-back I see but not fast enough to reduce the total shares float. Company with billion and billion of shares in market the share price are "suppressed" aka "cheap and affordable price". And the billion of shares attract shortist and investors to come and play as a lot of shares to go around.