What is the exercise period for rights and warrants on Pluang?
The exercise period for rights and warrants on Pluang is the defined window, set by the issuer, during which you can redeem the right or warrant into shares at the fixed exercise price — every issue has its own start and end date. Rights exercise is allowed only in session 1; warrant exercise is allowed in both sessions. Exercising requires sufficient RDN balance, and once submitted an exercise request is irreversible. Miss the window, and any unexercised right or warrant expires worthless.
Key rules of the exercise period on Pluang:
- Issuer-defined dates: every rights issue and warrant has its own exercise start and end date — published in the corporate-action calendar
- Rights timing: rights can be exercised only during session 1 of trading days within the exercise period
- Warrants timing: warrants can be exercised in both sessions of trading days within the exercise period
- Sufficient RDN balance required: when you exercise, the exercise price × lots is reserved from your RDN; if the balance is too low, the exercise will not go through
- Irreversible: once you submit an exercise request, it cannot be cancelled — the order is queued and processed for the exercise day
- Outside-hours behaviour: if you submit an exercise request outside the allowed sessions, it is queued for the next valid trading session within the exercise period
- Miss the window, lose the value: if the exercise period ends and you have not exercised or sold the right/warrant, it expires worthless
Related questions:
Q: Where do I find the exercise period for a specific rights issue or warrant?
The issuer publishes the schedule in the corporate-action announcement. Within Pluang, the same dates appear on the rights/warrant detail screen, reached via the Corporate Action ADP.
Q: Can I exercise rights outside the exercise period?
No. The exercise option itself is unavailable in the app outside the issuer-defined window — there's no way to submit early or late.
Q: Do I need cash in my RDN before I exercise?
Yes. The full exercise cost must already be in your RDN balance before submission, or the request is rejected rather than partially processed.
Q: What happens if my exercise is rejected?
Any reserved RDN balance is released back to your account immediately. You can retry as many times as needed while the exercise period remains open.