Conversion period of 5 years. Irredeemable Convertible Preference Shares (ICPS) at an issue price of RM0.06 per ICPS together with free detachable Warrants on the basis of 8 ICPS together with 1 free Warrant for every 2 existing Ordinary Shares
No. of shared issued
1,208,800
Issue Price
Malaysian Ringgit (MYR) 0.120
Par Value
0.000
Total NOSH
597,657,296
Market Buzz
No result.
Discussions
Be the first to like this. Showing 1 of 1 comments
Conversion of Preference Shares - 1,208,800 shares at 0.120
So?.. how much institutional bank want their profit to be?.. mother share now ONLY 12-14cts ... Institution banks might jack up mother share further (as per what did to Tawin fr 0.14 to 0.36) to take profit and to have more buffer zone?
2021-03-02 12:02
Post a Comment
People who like this
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2985 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
clementlee
Conversion of Preference Shares - 1,208,800 shares at 0.120
So?.. how much institutional bank want their profit to be?..
mother share now ONLY 12-14cts ...
Institution banks might jack up mother share further (as per what did to Tawin fr 0.14 to 0.36) to take profit and to have more buffer zone?
2021-03-02 12:02