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Chin Tan
's comment on
MAGMA
.
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Chin Tan
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Next year is malaysia tourism year, hopefully this help to raise up magma business..........
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Robin Lim
It will, thanks to VM2026 campaign which launched by our PM
https://www.nst.com.my/business/economy/2025/01/1157877/vm2026-campaign-contribute-nations-collective-tourism-success
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Jia Cheng
nice, then dont need to worry about the convertible notes conversion already
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Robin Lim
Why worry? It's just a corporate exercise to raise fund
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Jia Cheng
errr... perhaps u might want to check again how convertible note works
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Robin Lim
Ok, then explain me what is the purpose of a company issuing convertible notes
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Jia Cheng
yea, they issue it to raise funds. but read that announcement again, the noteholders exercised the embedded options bro
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Robin Lim
So will the exercise impact Magma's revenue or business?
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