Phileo Allied had announced in a joint statement with RHB late Wednesday that it would subscribe RM1 billion Tier-1 irredeemable non-cumulative preference shares to be issued by RHB Bank.
22.
Wednesday, DSM will report earnings per share both with and without the cumulative preference shares, which means analysts'forecasts vary between using 28.8 million and 36.2 million shares in issue.
23.
If the planned creation of 7.34 million cumulative preference shares, which DSM announced last week, is taken into account, 1995 earnings per share would have amounted to about 35.5 guilders.
24.
The 7.03 guilder figure is based on 29 million shares, while the 9.84 guilders is based on 36.2 million, because of the conversion of ordinary shares into cumulative preference shares.
25.
The deal involves PhileoAllied using internal and external funds to subscribe for the one billion irredeemable non-cumulative preference shares ( INCPS ) at RM1 each to be issued by RHB Bank Bhd.
26.
Under the agreement on a " bought deal " basis, PAB will take up in full an issue of RM1 billion Tier-1 Irredeemable Non-Cumulative Preference Shares ( INCPS ) by RHB Bank.
27.
Wednesday, DSM will report earnings per share both with and without the cumulative preference shares, which means analysts'forecasts vary between using 28 . 8 million and 36 . 2 million shares in issue.
28.
In a joint communique with Rashid Hussain Bhd issued late tonight, Phileo Allied said it would subscribe for RM1 billion Tier-1 irredeemable non-cumulative preference shares ( INCPS ) to be issued by RHB Bank.
29.
If the planned creation of 7 . 34 million cumulative preference shares, which DSM announced last week, is taken into account, 1995 earnings per share would have amounted to about 35 . 5 guilders.
30.
The 7 . 03 guilder figure is based on 29 million shares, while the 9 . 84 guilders is based on 36 . 2 million, because of the conversion of ordinary shares into cumulative preference shares.
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