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The ICPS would have a tenure of five years and can be converted for RM1 per share four years after they have been issued, said Sunway.
怎么这边好像说到时需要每股rm1来转换?
有点不明白
The Conversion Price on both the Year 4 Anniversary and the
Maturity Date shall be RM1.00 per Sunway Share, subject to
Adjustments to the Conversion Price as set out below.
For the avoidance of doubt, no additional cash payment is required
from ICPS holders for such conversion of the ICPS.
如出错,请高手更正。
持五股Sunday free 一股ICPS
conversion 1 ICPS = 1 sunway share @RM1
maturity date =5years from issue date
full 4 year, 50% ICPS compulsory convert to share.
full 5 year balance of it all convert.
Dividen 5.25% per annum based on RM1 per ICPS (equal to RM0.0525 per ICPS per year) dividen policy stated the dividen is confirmed payment unless company shut down or u had convert the icps to share already.