As the new CWs were issued at a higher premium that the existing CWs, they are not likely to trade at a price higher than their IPO price, unless the underlying share price goes up significantly.
Thursday, March 29, 2007
3 new CWs to be listed on Tuesday- PBB-CB, Tenaga-CE & YTL-CB
On Tuesday, we will have the listing of 3 new CWs i.e. PBB-CB, Tenaga-CE & YTL-CB. Their main terms are tabulated below, together with the terms of the existing related CWs for comparison purposes.
As the new CWs were issued at a higher premium that the existing CWs, they are not likely to trade at a price higher than their IPO price, unless the underlying share price goes up significantly.
As the new CWs were issued at a higher premium that the existing CWs, they are not likely to trade at a price higher than their IPO price, unless the underlying share price goes up significantly.
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