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BJCORP-JA very close to being CALLED

 

BJCORP-JA could become the first Callable Bull Certificate (CBLC) to be called once the mother share price touches the call price of RM1.06. BJCORP share hit a low of RM1.08 today and any further weakness in the share price tomorrow can easily mark the end of trading of BJCORP-JA.

 

For CBLC, if the price of underlying instrument reaches the Call Price/Call Level at any time prior to the expiry date, the issuer will call the CBBC and trading of the CBBC will be suspended. This event is referred to as a Mandatory Call Event ("MCE"). The CBBC will expiry early and will be delisted on the 4th market day after the MCE.

 

 

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