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Ewint aldy made announcement that share capital reduction of RM500 mil has been approved by SC.This translate to 21cts per share.I don't know who the news was not reported in the news media but only in Bursa announcement
If your trading account is with a bank securities,they can do the conversion for you.Are you not trading online with banking securities?If you are still using remisier then a bit difficult if they don't want to help you
Jason Lim...to convert warrant to mother share you need to fill up a form from your bank securities or remisier,you can do it anytime now.It will incurred minimal stamp duties around RM20++,the conversion process takes about a month
Unless the mother share is going to declare a big dividend after releasing QR or unless the mother share keep dropping,if not I don't see any risks in the warrant
Mother share is fundamentally okay,the warrant now trading at a bigger discount,if the warrant still doesn't move in tandem with the mother share,we still have an option to convert the warrant asap
