STRAITS-WA – Leverage Exposure at No Premium

Written by Editor

 

The share price of Straits Inter Logistics Berhad has been holding relative well in the last few months as the company is in the middle of undertaking a number of corporate exercises which include acquisition of a majority stake in a direct peer and private placements of new shares to raise fund for the company.  Amidst such exercises which would increase the share capital of the company, the company warrant of Straits Inter Logistics (STRAITS-WA) is currently trading at no premium at all. 

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