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Sunway Berhad - Profile for Warrant (Sunway-WA)

Chin Kok Tan
Publish date: Thu, 18 Aug 2011, 09:07 PM
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Profile of Sunway Berhad Warrant (Sunway-WA)
Listing Date: 23/8/2011
Issue Price: RM0
Issue Size in Unit: 258,501,000
Maturity Date: 17/8/2016 (5 years)
Exercise/Conversion Ratio: 1:1
Exercise Price: RM2.80

CK>> Great to see Sunway Berhad's warrant (Sunway-WA) exercise price set at RM2.80, which is exactly same as its mother, Sunway Berhad's re-listing price.

Erm... With almost no doubt, Sunway-WA will hit RM 0.30-0.305 on 23/8/2011, 9am. After that, hit RM0.60 on the next day, 24/8/2011. Am I too optimistic especially in this kind of volatile and unstable market environment? Should I hold it for long term or short term in this kind of negative market sentiment?

I hope it will fly as high as possible on next Tuesday as I hold a very big portion on it! Go Go Sunway Go!!!!

Source: http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/08611927E6B1C070482578F0002CC1E3?OpenDocument

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