$Japfa (UD2.SG)$ for holders before 28th Dec, current adjus...
$Japfa(UD2.SG$ for holders before 28th Dec, current adjustment to 0.36 comes with 0.23 payout, payable in April 2023. the conversion to cash is by default and you do not need to do anything.
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AMW 007 : It turned out that was the case; the opening of the market plummeted! It was really daring.
LuckyPiggie : you mean if we dont make changes to the option we will receive in cash instead of the AAG shares ?
Tan Shu Wen : So, the default option is cash and not AAG shares? If we did not make a choice, they will pay us in terms of 0.36 x number of shares we hold?
LuckyPiggie Tan Shu Wen: shld be 0.23 payout .
0.36 is the value of japfa
LuckyPiggie Tan Shu Wen:
000000000OP : the cash payment of 0.23 is by default unless you choose other options
LuckyPiggie 000000000OP: based on the document... look like 0.23 is for illustration only. So the value of AAG payout may be based on market valu at then ?
000000000OP LuckyPiggie: ipo price set at HKD 6.40. japfa had converted as 0.23 per share
ph2046 : How to change option via moo moo??
user77248281 000000000OP: 6.4HKD is $1.1 SGD.. how is it possible they value the share at 0.23? That is 4 times lower