3.2 Basis and justification of determining the issue price and exercise price of Warrants The Warrants will be issued at no cost to the Entitled Warrantholders. Our Board has fixed the exercise price at RM2.50 per Warrant after taking into consideration.
Expectedly, the OS fetches RM10 each in the coming days , will be split into 4 ( later, 4 X RM2.50). With each Warrant to get one Ordinary Share, the CP is RM2.50 as estimated lah.
After the Ex date, if the OS can fetch RM2.80 each/if can be sustained, the warrants can fetch RM0.55 each?
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
nich0las
2,786 posts
Posted by nich0las > 2020-12-28 17:58 | Report Abuse
Subdivision
https://malaysiastock.biz/Company-Announcement.aspx?id=1284435