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2020-12-15 20:16 | Report Abuse
Dear Kensington. There is a lot of confusion. Grateful if you can clear it up
As my understanding after 4th -5th year it is conversion to the mother share at the market price but some say they will pay you back the RM1. Some even say the final conversion rate is still not yet spell out clearly at Bursa..
Stock: [SUNWAY-PA]: SUNWAY BERHAD - IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES 2020/2025
2020-12-17 17:22 | Report Abuse
Thank you Mr Jian. You even point out the potential of special dividend by Sunway which might cause the mother share to drop after the ex-date like what happened to Airasia after they sold off their aircraft. How about if they issue the bonus or share split? The mother share price might cut half!! This is the potential risk that I never think before this