|Mother price now 2.37|
PA: 1.27 +1.30 (Conversion price) 2.57 vs mother 2.37
Only disadvantage no dividend.
6556PA ANNJOO-PA ANN JOO RESOURCES BERHAD-REDEEMABLE CONV
|Profile for Securities of PLC|
Instrument Category : Securities of PLC Instrument Type : Preference Shares Description : 125,139,720 redeemable convertible cumulative preference shares ("RCPS") Initial Listing Information : Listing Date : 06/12/2016 Issue Date : 01/12/2016 Issue / Ask Price : Malaysian Ringgit (MYR) 0.5000 Issue Size in Unit : 125,139,720.0000 Maturity Date : 30/11/2024 Revised Maturity Date : Name of Guarantor: Not Applicable Name of Trustee: Not Applicable Coupon/Profit/Interest/Payment Rate: Not Applicable Coupon/Profit/Interest/Payment Frequency: Not Applicable Redemption: The Company may redeem the RCPS in part on a pro-rata basis or in its entirety as the case may be, at the option of the Company at the RCPS Issue Price, at any time up to Maturity.RCPS holders may opt for the NRA adjustment by converting such number of their RCPS together with opting for the NRA adjustment in the Conversion Notice to be submitted during the Acceptable Conversion Notice Period to the Share Registrar and received by the Share Registrar on or before the Last Election Date. Exercise/Conversion Period : 8.00 Year(s) Revised Exercise/Conversion Period : Not Applicable Exercise/ Strike/ Conversion Price : Malaysian Ringgit (MYR) 1.8000 Revised Exercise/ Strike/ Conversion Price : Exercise/ Conversion Ratio : 1:1 Revised Exercise/ Conversion Ratio : Mode of Satisfaction of Exercise/Conversion Price : Tendering of 1 RCPS together with RCPS Cash Consideration of RM1.30 Settlement Type/ Convertible into : Physical (Shares)