(i) by surrendering 2 ICPS (which are issued at an issue price of RM0.08 each) without additional cash payment to arrive at the Conversion Price of RM0.16 for 1 new Share
limyauc The ICPS may be converted into new fully-paid Shares at theConversion Price in the following manner:- (i) by surrendering 2 ICPS (which are issued at an issue price of RM0.08 each) without additional cash payment to arrive at the Conversion Price of RM0.16 for 1 new Share; or (ii) by surrendering 1 ICPS (which is issued at an issue price of RM0.08 each) with additional cash payment of RM0.08 to arrive at the Conversion Price of RM0.16 for 1 new Share.Premised on the terms of the ICPS, subject to adjustments, the ICPS can be converted into new Fintec Shares on any market day commencing on and including the issue date of the ICPS up to and including the maturity date.Any ICPS that are not converted would be mandatorily converted into new Fintec Shares on the maturity date.If the conversion results in a fractional entitlement to Fintec Shares, such fractional entitlement shall be disregarded and no refund or credit, whether in the form of the ICPS, cash or otherwise,shall be given in respect of the disregarded fractional entitlement.If the maturity date of the ICPS falls on a non-market day, then it will fall on the preceding market day.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stncws
10,704 posts
Posted by stncws > 2019-11-20 12:11 | Report Abuse
ONCE PA 4C BREAKS.....TP 6C