LA holders won't get any dividend, however, if there's a 1-2 sen discount to mother share, most ppl will chase LA to profit on the 1-2 sen discount and covert to mother share to grab another 2 sen dividend
I see it is worth conversion if and only if after successful conversion the mother share price is still on the way moving up. Otherwise wasting energy and time.
Call this number 03-78490777 if you wish to convert, after fill up form and ready with bank draft , send it by post laju to Symphony Share Registrars S/B...
t is worth conversion if and only if after successful conversion the mother share price is still on the way moving up. Otherwise wasting energy and time. Some more is from one of the memberfrom invest talk
NTA = 0.765 CONVERSION PRICE = 0.13 CURRENT LA PRICE = 0.415 LA DIV = 1% (BASED ON NOMINAL VALUE 0.13)
keelin. i guess mother will up. but now i wan to know is latest by what date i must convert in order to get the 2cent dividend . can tell me the date,pls
i heard from other forum...LA will convert back to mother share if they achieve the target...is it true...if it true...dunno whay so many people rush to convert ...lol
barbarian, i suggest you read all starting from page 1 to 87,from 2012 until today. If you want to know a company's risk and rewards, there's really no short cut though :)
Conversion Price of the ICULS is Ringgit Malaysia Twenty Six Sen (RM0.26) only and the Conversion Right may only be exercised, within the Conversion Period. The ICULS may be converted into the New Shares in the following manners:-
a. by surrendering RM0.26 nominal value of ICULS for one (1) New Shares; or
b. by surrendering RM0.13 nominal value of ICULS together with payment of Cash Portion such that in aggregate it being equivalent to the Conversion Price for one (1) New Shares
seph, i ask you one very important question. do you think Mayland accumulating the LA now at the low price now? look at the volumn and price. It is their opportunity to increase their shareholdings in their future play. since i believe some of the people not very sure bout the conversion rate, they sell with discount :D
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nch218
573 posts
Posted by nch218 > 2014-05-28 20:21 | Report Abuse
Should convert LA to mother share since got 2c dividend?