2 ways to convert ARBB PA to ARBB Ordinary Shares:

1. ONE ARBB PA + RM0.13 = ONE ARBB ordinary Share
or
2. FOURTEEN ARBB PA = ONE ARBB Ordinary Share.

Usually ARBB PA behaves like ordinary warrants except that it converts automatically to ordinary shares. Valuation is about 30%-80% premium to Parent shares depending on how Undervalued Parent shares are.

Best part is ARBB has made improvements in
1] securing new contracts and future revenues at RM40milion
2] joint ventures with IT Platform worth RM60million
3] Started Hydroponics using IOT on most expensive Japanese fruits - Winter Melons. the expected Profits are projected RM4mil to RM12mil per year depending on the weather conditions.
4] Successful listing in NASDAQ as ticker ARBB (Nasdaq) with international investors exposure. If ARBB (Nasdaq) flies, put on your seat belts for ARBB (Bursa)

You know the best part? All teh above is not even priced in the ARBB and ARBB PA. Better yet, the prices keep falling. What a Bargain!

Be cautions when people are greedy, be greedy when people are cautious. (Warren B.)

Disclosure: I am happy owner of ARBB and ARBB PA and am still buying in the next 72 hours.

Caveat Emptor