BIMB-WA – Poor Performance as Mother Share gains via dividend

Written by Editor

The company warrant of BIMB Holdings Berhad (BIMB-WA) has been a big disappointment for its holders since it made its debut on Bursa Malaysia at the end of 2013.  After surging to as high as 90.5 sen a few days after it was initially listed, BIMB-WA effectively went into a multi-year decline losing almost 80 percent of its value from its high.  This is despite the mother share staying around the same level as a few years ago when the warrant was first traded.  As at the close of 11 June, BIMB mother shares was last traded at RM4.05 while BIMB-WA closed at 23.5 sen.

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