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Horrible deal for Hirotako Warrant holders

Horrible deal for Hirotako Warrant holders

M.A. Wind
Jan 01, 2012
∙ Paid

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Asia Sentinel
Asia Sentinel
Horrible deal for Hirotako Warrant holders
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Apart from shares there were also warrants of Hirotako. They were only listed February 2011, have an exercise price of RM 0.92 and are maturing February 2016. Since an offer was made for the share, an offer also had to be made for the warrant. However, the offer price was an unbelievable low RM 0.05, not taking into account any of the benefits of warran…

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