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If i holding 10000 shares. , 130000x0.01 = RM1300 SO i need use cash 1300 to convert to mother share ? Pls correct me if anyone know..... Thanks alot....
#darren lim. 10000 lots or 10000 units?
if you have 10,000 lots, 13 x 10,000 x 100 units x 0.01 = RM130,000.
if you have 1,000 lots, 13 x 1,000 x 100 units x 0.01 = RM 13,000.
if you have 100 lots, 13 x 10,000 units x 0.01 = RM 1,300.