My pleasure. Just to clarify, the Entitlement Offer has two separate elements:
1) The Institutional Entitlement Offer (already conducted last week, with new shares for that element to issue next Friday, along with the Institutional Placement shares);
2) The Retail Entitlement Offer (opens next week).
They're both part of the same overall Offer, just aimed at different groups of investors (i.e. firstly to professional funds managers and then to retail investors).
An Entitlement Offer (aka Rights Issue) is different to a SPP, which is what AIA is conducting.
Welcome to investing. It's a long journey, with plenty of potential rewards and pitfalls.
Cheers,
Z
Equity raise process, page-82
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