If you have buy ICSLS (irredeemable convertible secured loan stocks), how does the % coupon entitlement calculation?
Here is the formula:-
{(Quantity x coupon rate)/frequency of pymt } x par value x tax
Eg: SCOMI-LA, if you have 20000 shares, Coupon of 4% per annum ICSLS, you will entitled for RM19.94.
{(Quantity x coupon rate)/frequency of pymt } x par value x tax
{(20000 x 4%)/4 } x 0.1 x 0.997 = RM19.94
Scan 14 May 2025
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Symbol TypeDateClose PriceVolume13 Day RSI
AEMULUS Overbought 2025-05-14 0.265 9907400 75.29
AIRASIA Overbought 2025-05-14 0.92 6691200 73.97
CAB Overbought...
3 hours ago
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