QUOTE(kaiserwulf @ Dec 16 2008, 09:02 PM)
Hey guys,
I was introduced to the Motorola Stock Purchase Programme for Moto employees in Penang. It seems that we get to buy the shares at a 15% discount of normal price.
But my question is this: Stocks are sold in USD and we are paid in RM; what happens to the forex charges to change our money into USD to purchase the stock and when we sell it in USD we have to convert back to ringgit?
We have to pay the conversion rate twice?
Thanks.
i bought before ... not from motorola but other MNC ...I was introduced to the Motorola Stock Purchase Programme for Moto employees in Penang. It seems that we get to buy the shares at a 15% discount of normal price.
But my question is this: Stocks are sold in USD and we are paid in RM; what happens to the forex charges to change our money into USD to purchase the stock and when we sell it in USD we have to convert back to ringgit?
We have to pay the conversion rate twice?
Thanks.
as usual, the charge is the brokerage fees and other misc fees ... and when they TT to your local account, the local bank will impose some minor fees as well ...
Dec 17 2008, 08:50 AM

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