One quick question,

MMC - CA , if i hold this warrant till it expiry. what will happen?

Will i need convert to shares or will i get my cash back?

Thank yiou.

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Added on November 25, 2010, 3:40 pmAdditional information for MMC CA :

Expiry of Securities
Type of Securities : Structured Warrants
Type of Structured Warrants : Call Warrants
Exercise/ Strike/ Conversion Price : MYR 2.3000
Exercise/ Conversion Ratio : 4 : 1
Settlement Type/ Convertible into : Cash
Last Date & Time for Trading : 25/11/2010 05:00 PM
Date & Time of Suspension : 26/11/2010 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c : 30/11/2010 04:00 PM
Date & Time of Expiry : 30/11/2010 05:00 PM
Date & Time of Delisting : 01/12/2010 09:00 AM


This post has been edited by ante5k: Nov 25 2010, 03:40 PM

meaning top up cash to convert to shares?

i see,

if that is the case then i dont have to sell. because i have no cash to fully convert all warrants to mothershare.

thanks smartly, this is my first time holding warrants till expiry date.

losing money. bought at rm0.21.
Hence the reason hold till expiry.

.....

i thought only if the mother price is trading below the exercise price (in this case RM2.30), then all gone.

cause buyer queue at 0.135. negative premium.

how now? sell or no sell?

headache d....

This post has been edited by ante5k: Nov 25 2010, 04:29 PM

thanks to teehk_tee and smartly for the information,

i also found this : http://announcements.bursamalaysia.com/EDM...0MMCCORP-CA.pdf

Keeping till expired