Their ESOS to directors is at a low price of 0.1395. Before minority shareholders could sell, they probably exercise their ESOS. Only consolation there is a one year moratorium.

Which shareholder/s pledge the shares to the banks?

Anyone can assist in explaining the workings of MAG Redeemable Convertible Notes at 20 sen? Does this imply that the converter pays 20 sen and gain one mother share? What is his/her initial cost of the convertible notes and once converted, does it increases the total paid-up capital?

Any idea who are the major shareholders, now that Cheong CC and parties associated to him are no more the major shareholders?