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
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
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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