Preference Shares
Details of corporate proposal Conversion of Irredeemable Convertible Preference Shares
No. of shares issued under this corporate proposal 10,918,600
Issue price per share ($$) Malaysian Ringgit (MYR) 0.5500
Par Value($$) (if applicable) 0.000
Latest issued share capital after the above corporate proposal in the following

Units 6,349,757,546
Issued Share Capital ($$) Malaysian Ringgit (MYR) 268,324,525.810
Listing Date 26 Apr 2021

Teong, something not right or answer. Based on my calculations losses from 10/3/21 to today. Credit Suisse, Zurich & Dublin -392% = RM515mil; UBS, Zurich & London paper losses = RM285mil; Fintec Global paper loses = RM786mil; Asiabio paper loses = RM779mil. Total Foreign & Local institution = RM2.366bil from 10/3/21 to 23/4/21. Maybe something underneath we did not know why Credit Suisse selling & acquire shares? Both Credit Suisse combined only reduced their shares -20.59% to date.

Whether it is bcos Conversion of Irredeemable Convertible Preference Shares @ issued RM0.55 per piece? Or unknown previous agreement between Credit Suisse & major shareholders not honoured. Seems like all shareholders at lose lose situations. Maybe we should dig deeper before we put in final bet.

Dave, it’s good you ask this question but it’s lengthy explanation. It’s better you go to google for the details answer you may be looking for what is Conversion of Irredeemable Convertible Preference Shares. Anyway no harm we shared...

Rizal, based on this few days heavy vol. & prices, it’s better to understand & trade cautiously. Why all major shareholders want to lose, lose? It’s huge price drop this 3 weeks. Based on today’s tradings I think next week will be similar or may further drops. Maybe I’m wrong! Sorry

Based on 20/4/21 equity holding by major shareholders- 1) Credit Suisse, Dublin = 6.6% ; 2) Credit Suisse, Zurich = 6.63%; UBS, Zurich & London = 10.8%; 3) Fintec = 25.62%; 4) Asiabio = 25.38%. TOTAL MAJOR SHAREHOLDERS = 75.03%! Why 3 weeks tradings severely drops prices? Big boy should sit down & block shares sale among major shareholders rather than internal sabotage the share price. At the end is all LOSE , LOSE!

The daily queues sell or buy volumes does not reflect actual true pictures. Same guy controlling both tradings. Every one knew it’s Credit Suisse selling & buying but my question is why they trading in such manner with prices drops by -392%. Not only hurting them but affecting everyone. Why?

KUALA LUMPUR (April 23): Trading volume of Focus Dynamics Group Bhd swelled this month, with daily volume soaring to 419.39 million shares on Monday (April 19) — the highest seen since November 2015. Its average daily volume stood at 157.8 million in April so far.

But what has made jaws drop is the collapse of the company's share price this month. The stock plunged from 59.5 sen at end-March to 11.5 sen on Thursday in a span of 16 trading days, wiping off RM3.02 billion worth of market capitalisation.

The company's two major shareholders, Sanston Financial Group Ltd, which holds a 26.07% stake, and Bursa-listed Fintec Global Bhd, which has a 25.42% stake, did not buy or sell shares in a big way.

Sanston Financial HK Ltd by Asiabio holding 25.38%. There is 2 Credit Suisse accounts. 1 link to Credit Suisse AG, Dublin Branch. Another Credit Suisse (Hong Kong) Ltd (Credit Suisse HK) both under HSBC Nominees (Asing) SDN Bhd accounts. As UBS AG nominees Citigroup Nominees (Asing) SDN BHD which is turn holding the shares for Maybank Kim Eng Singapore Pte Ltd.