KLSE (MYR): CAPITALA (5099)
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Last Price
0.765
Today's Change
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Day's Change
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Sslee
5,933 posts
Posted by Sslee > 2024-04-30 10:42 | Report Abuse
hi @sslee, does it mean, every holder of LA can surrender such LA to be converted to mother at zero cost?
The answer is yes.
You now know why Stony design the RI of RCUIDS with free warrants instead of RI of equity Right Issue shares with free warrants?
Stony and Kamar were using borrow money to subscribe for their RI entitlement and no bank will lend any money for borrowers to subsribe for a PN17 shares.