1. Is redeemable RCPS can be redeemed by holders after five years? - Not redeem by holders but issuer 2. Issue price is 38 sen, so is it redeemed at 38 sen when holders return RCPS to the company? - Yes 3. RCPS pays dividend or fix interest? - Dividend 4. What is the interest so fixed? Is it based on 38 sen? - Dividend is 5.43% based on issuance price of 38 cents 5. If it is dividend, meaning that amount is not fix. It can be 5%, it can be 6%, and it may not pay any dividend at all. - Yes, but considering the major shareholders are PNB, most likely they pay and can refer to RCPS-i A / RCPS-i B, both they paid 6. If dividend is fixed at 5.4% based on 38 sen issue price, if not paid in current year, is it roll over to next year, and subsequent years if company not in position to pay any dividend in particular year? - Correct
Blog: Decoding S P Setia Berhad’s RCPS Issuance
2022-11-05 22:04 | Report Abuse
1. Is redeemable RCPS can be redeemed by holders after five years? - Not redeem by holders but issuer
2. Issue price is 38 sen, so is it redeemed at 38 sen when holders return RCPS to the company? - Yes
3. RCPS pays dividend or fix interest? - Dividend
4. What is the interest so fixed? Is it based on 38 sen? - Dividend is 5.43% based on issuance price of 38 cents
5. If it is dividend, meaning that amount is not fix. It can be 5%, it can be 6%, and it may not pay any dividend at all. - Yes, but considering the major shareholders are PNB, most likely they pay and can refer to RCPS-i A / RCPS-i B, both they paid
6. If dividend is fixed at 5.4% based on 38 sen issue price, if not paid in current year, is it roll over to next year, and subsequent years if company not in position to pay any dividend in particular year? - Correct