stronk96

stronk96 | Joined since 2024-04-30

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2024-04-30 11:01 | Report Abuse

hi @sslee, does it mean, every holder of LA can surrender such LA to be converted to mother at zero cost?
The answer is yes.

You now know why Stony design the RI of RCUIDS with free warrants instead of RI of equity Right Issue shares with free warrants?

Stony and Kamar were using borrow money to subscribe for their RI entitlement and no bank will lend any money for borrowers to subsribe for a PN17 shares.

Question: I see, thanks for your insight, i would like to ask, whats the risk in investing in 5099LA instead of investing in 5099 mother share?

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2024-04-30 10:33 | Report Abuse

hi @sslee, does it mean, every holder of LA can surrender such LA to be converted to mother at zero cost? then why buy mother when u can buy LA with 6c every year?

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2024-04-30 10:11 | Report Abuse

Hi dear fellow friends, i would like to enquire and ask u guys on the 5099-LA RCUIDS, is it mean we could receive 6c per share and also we can convert 5099LA into mother share at zero conversion cost at anytime till 2028? is my understanding correct? thanks