Gabriel, since you post the link. May I know how is it related to KGB on Infineon expansion plan?

12MP: Over RM9b in development allocations for Sabah, Sarawak — PM Ismail Sabri

https://www.theedgemarkets.com/article/12mp-over-rm9b-development-allocations-sabah-sarawak-%E2%80%94-pm-ismail-sabri

Since Kgb win 1 project which is worth their 1-year revenue last year.
So no matter how I calculate. Shouldn’t the share be double to be of the same value?

This counter doesn't only earn from travel. If this is the case they won't be profiting much during this economic downturn. They earn from consulting + taking a certain % from there, advertising, terminal renting,
and fix income from government bus contracts as well.

They have mentioned project facilitation fee is recurring and not a one-off payment. They will charge a certain amount of % base on the project which they consulted.

They mentioned it in Mr Money TV retail cooperate investment event.

If the strike price of the warrant is higher than the market price of the mother share, then there will be no adjustment to the price of the mother share on the ex-date. However, if the exercise price for the warrant is lower than the current price of the mother share, then the price adjustment for the warrant on the mother share will be treated similarly to a Rights Issue.

Meaning for now there will be no price adjustment for the mother share. Unless the price goes above 0.75 before the ex date which is 28th.

Can some sifu advice?
I read it is mentioned no price adjustment on ex date if mother share is below 1.38 for KGB.
Why today it is adjusted down so much?