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Correct me if I'm wrong
1. Each ICULS costs RM0.05
2. Capital remains RM0.20 per share, regardless of the conversion method
3. Sell at the theoretical ex-rights price of RM0.235 to RM0.240 results in a profit
4. Even if the share price drops to RM0.220 after theoretical ex-rights price, you still make at least a 10% gain
5. For each Techbase share you hold, you can subscribe for 5 ICULS
6. In the end there's a potential 50% profit based on the conservative ex-right price estimated
