Eric Fong's comment on ARBB-PA. All Comments

Eric Fong
5 Like · Reply
Izzit buy PA better now?
david
Buy and convert. 2weeks to complete the process.
1 Like · 3 years · translate
Choonjye Lim
david, why can covert after 2 weeks. newbie here.
1 Like · 3 years · translate
Choonjye Lim
not matunity on 2024
2 Like · 3 years · translate
Monchita sin
1PA =1sen, if you buy and convert to mother need to add another 19sen for the conversion. Current PA price is at 14sen so + 19sen is at 33sen. This will takes 2weeks time to complete the conversion. The mother might be above or below 33sen depends on the market situation. If still above 33sen after 2weeks time, then congratulate, you had earn some money.
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1 Like · 3 years · translate
qiu xuanmiao
Now already convert how many pa?
1 Like · 3 years · translate
Jason Sun
Exercise ratio 20:1? Isn't it need 20 pa + 0.2 (exercise price) to convert to one mother share?
1 Like · 3 years · translate
Eric Fong
1 conversion price of PA already equal to 20PA price. So 1 PA plus conversion price can get one mothershare
1 Like · 3 years · translate
Jason Sun
You try to google meaning of exercise ratio and see.
1 Like · 3 years · translate
Monchita sin
Got 2 type of conversion. 1 is use 20PA to turn into 1 mother share, another type would be 1PA+19sen to convert.
Like · 3 years · translate
Jeffrey Tay
see ARBB official announcement dated 15Oct2018. quote from the pdf file, section 2.1.2: "conversion price of rm0.20 for 1 new ARB Share"
Like · 3 years · translate
Jeffrey Tay
this conversion really confusing. what is written on the announcement and what is actual one is different. confirmed it is 1 share ARBBPA plus 19 cents get one mother share. call up the registra for details if required.
Like · 3 years · translate
Monchita sin
ya because 1PA already indicated as 1sen , so just need to add on another 19sen for the conversion.
Like · 3 years · translate
Jeffrey Tay
oic, thanks for clarification.
Like · 3 years · translate